Previously writing on company describing itself as “a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems” CAP-XX (CPX), in February with the shares down to 2.6p I noted cash burn concerns and to avoid/sell. Now the company states that it is “pleased to announce” an equity raise, and what of a current 1.4p share price?

Self-styled “a world leader in the design and manufacture of supercapacitors and energy management systems” CAP-XX (CPX) has announced a “significantly oversubscribed” bookbuild and “is pleased to announce the successful sale of 10,498,700 Sale Shares”. How pleasing is it?…

Previously writing on self-styled “world leader in the design and manufacture of supercapacitors and energy management systems” CAP-XX (CPX), in June with the shares at around 4p I noted argues “increasing confidence”, but what about that cash burn?. The shares are currently below 4p today on the back of results for the company’s year ended 30th June 2019 – and despite CEO Anthony Kongats emphasising “it has been a very busy year, and ultimately a successful year for the company”. Hmmm…

Previously writing on CAP-XX (CPX), in April I reviewed trading update including “has achieved success in securing orders”… so why further share price decline? – the shares down to around 4p. They’re currently again around this level – and we have another “Trading Update”; why at 9:03 am?...

Its latest results statement commences “CAP-XX (CPX)… a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems, is pleased to announce its interim results for the half-year ended 31 December 2018”. The shares have though responded currently more than 7% lower, to around 7p…

Previously writing on self-styled “a world leader in the design and manufacture of supercapacitors and energy management systems”, CAP-XX (CPX) I instead noted non-specific jam tomorrow and warned cash crunch ahoy then? Now “Subscription to raise £1.75 million”…