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Celadon Pharmaceuticals financial update, it is NOT paying its bills, because it cannot, FemiNazi fired

By Tom Winnifrith | Friday 23 August 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.


There is some good news from Celadon (CEL) in terms of the missing funds, and that is why the shares are up by 25% and 27.25p. But if you read between the lines there is also bad news, the unpaid bills are stacking up. Sooner or later a creditor is going to issue a stat demand. You are insane if you hold this equity.
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