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LoopUp – following “very significant” new contract and I warning on the overall financial profile still, now a discounted capital raising

By Steve Moore | Thursday 29 September 2022


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.


Writing on LoopUp Group (LOOP) early this month with the shares up to 9p I concluded the current financial profile still suggests at this juncture avoid / sell... And at 6:18pm last night a “Proposed Capital Raising” announcement.

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