From £6.99 per month
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Catenae Innovation – Another Change Of Name (Pointless), Share Consolidation, More Confetti…..Why No Mercy Killing?

By Nigel Somerville | Thursday 18 January 2024

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 serial crock Catenae Innovation (CTEA) has announced a change of name, a General Meeting to approve a share consolidation and wants to issue yet more boatloads of confetti as it searches for an acquisition which might offer a viable business. But first it has to deal with a convertible loan facility – hence the capital reorganisation, as the shares are well below par. I don’t know why it is not just being taken outside for a mercy killing!
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was



Video: Poking Bears And Black Swans



Is Stuart Ashman lying again?



So farewell then

Time left: 16:33:00