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Results: ENSI

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EnSilica – “pleased to announce… ongoing support from our shareholders”. Who’s it trying to fool?

Describing itself as “a leading mixed signal chip maker”, EnSilica (ENSI) has issued a “Result of Retail Offer” announcement it states that it “is pleased to announce” and that it “welcome this ongoing support from our shareholders and look forward to updating the market on our continued progress over the coming months”. So what’s the detail from the 70p per share, up to £0.5 million, offer, with the shares having previous to it closed at 74p and been above 100p as recently as last month?
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