UK 13:30 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Friday saw AIM-listed e-marketplace play Cloudbuy (CBUY) announce that it had drawn down a further £1 million under its funding package with 11% shareholder Mr Roberto Sella. This follows the original drawing of £3.3 million back in April under a funding package of up to £5.75 million. Unfortunately it seems that cashburn remains a problem, and one wonders how long the new £1 million (and the remaining £1.4 million available under the deal) will last before the company has to get out the begging bowl.
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