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i-nexus Global – fundraise with the business “having made good progress”. But has it?...

By Steve Moore | Wednesday 21 June 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.


i-nexus Global (INX) has announced that it is proposing to raise £0.5 million via convertible loan notes, stating that it “felt that the time was right to provide the business with a cash buffer to enable a greater focus on the execution of the strategy”. What of a current share price response up to 4.4p?
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