From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Catenae – fundraise at a significant discount on the way, as predicted, and definitely no Insider Dealing

By Nigel Somerville, the Deputy Sheriff of AIM | Friday 12 June 2020


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.


AIM-listed Covid-19 uber ramp POS Catenae Innovation (CTEA) seems to have been forced to issue a warning RNS to its deluded loyal band of shareholders. We warned you here on ShareProphets that the last placing, done with the help of a spoof plan to get a Covid-19 tracking system going, would not be enough to last the company beyond the end of June. Now the company has warned that it is in discussion with its broker in relation to a fundraise at “a significant discount” to the current share price. Time for a glass of ouzo, methinks…..

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

PICH

Pitch Pit – this stinks

 

GEX

Georgina Energy: Lyin’ Yet again

Time left: 12:07:27