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GOTCHA: CAP-XX – needs equity raise it admits “is taking longer than anticipated” by end of the month or it’s bust!

By Steve Moore | Wednesday 13 March 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.


I first warned on shares in self-proclaimed “world leader” in energy management systems CAP-XX (CPX) in 2016 with they then down to around 4p and most recently, noting legal expenditure and cash concerns, just yesterday with they at 0.40p. Now from the company there’s a vaguely-titled “Corporate Update” announcement, following the “Retirement of CFO” announcement just yesterday. Hmmm…

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