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CAP-XX – ‘pleased to announce successful shares sale’. That’s c(r)ap-xx!

By Steve Moore | Wednesday 4 August 2021


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.


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?…

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