Haydale – “Pleased To Announce” FY Numbers From (Yet Again) Bailed Out AIM Graphene Outfit
By Nigel Somerville | Thursday 26 October 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 outfit Haydale (HAYD) was “pleased to announce” its full year results to 30th June 2023 this morning. This, despite having to be bailed out yet again post-period with another massively dilutive rescue package as the company delivered a pre-tax loss of over £6.5 million! What on earth is there be pleased about?
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