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CAP-XX – interims argue strategic initiatives “position us for sustained success”. Er, what about the already “tight” cash position?!

By Steve Moore | Thursday 1 February 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.

Previously on CAP-XX (CPX), which describes itself as “a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems”, in January with the shares up to 0.80p I wrote “Update on IP and appeals process”, attempted ramptastic?. What of now results for its half-year ended 31st December 2023 and the shares currently down more than 20% in response at 0.75p?

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