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Deltex Medical – “pleased to announce” year end update. Er, what about the “increased cash requirements”?!

By Steve Moore | Thursday 22 December 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.


Deltex Medical Group (DEMG) states that it “is pleased to announce that its year-to-date revenues are ahead of the group's full year 2021 revenue figures. In addition, the group has a large advanced opportunity in the pipeline which if successful, could provide a further boost to revenue in the short term”. What of this and the rest of a “Year end update” with the shares currently more than 19% up at 0.925p?
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