Previously writing on castings and engineering company Chamberlin (CMH), last month with the shares up to 3.95p I noted “Corporate Update”, attempted ramptastic?… And now a “pleased to announce” equity raise – quelle surprise!
Previously writing on castings and engineering company Chamberlin (CMH), in May with the shares up towards 5p I questioned whether a “pleased to announce” property sale and leaseback was actually for “growth strategies”. With the shares last closing at 4.4p, what of now full-year results and a current 4.5p share price, £4.8 million market cap?
Castings and engineering company Chamberlin (CMH) is “pleased to announce” it has exchanged contracts for a property sale and leaseback with £1.25 million of proceeds. What of a share price response up towards 5p?...
Foundry and engineering company Chamberlin (CMH) “is pleased to announce that it has conditionally raised £1.8 million… at a placing price of 5 pence per share with institutional and other investors”... and the shares have currently responded down by more than 27%. So what’s going on?...
Previously writing on castings and engineering company Chamberlin (CMH), in December I noted main businesses weren’t performing solidly... & certainly aren’t to be now!. Today though a trading update including “encouraging start to current financial year; leading to expectation of stronger levels of sales growth and return to profitability in second half of year”. Turnaround potential?...
