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Haydale - £1m Retail Offer Raises…….

By Nigel Somerville, the Deputy Sheriff of AIM | Saturday 23 September 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.

AIM-listed graphene disaster Haydale (HAYD) announced at 4.30pm on Friday (otherwise known as no-one-is-watching o’clock) the result of its £1 million retail offer to support its bailout placing. Having bagged £5 million from dumb institutions, it had been hoping to add a further Bernie. Unfortunately, via its broker, Cavendish (previously known as FinCrap), it raised just £63,045. I doubt the proceeds even covered the costs!
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Which PR genius wrote this?

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