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Deltex Medical – convertible loan notes extension, but still cash concerns?

By Steve Moore | Monday 27 February 2023


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.


Medical technology group Deltex (DEMG) “is pleased to announce that the repayment date of the £1.1 million convertible loan notes in the company has been extended from 26 February 2024 to 30 June 2026”. Good news from a 1.15p share price, £8 million market capitalisation?
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