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Jaywing – with cash already “very tight”, “trading continues to be challenging overall”. Uh oh…

By Steve Moore | Tuesday 1 October 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.


Most recently writing on marketing and data science company Jaywing (JWNG), at the end of August I concluded that I retained financing concerns and, though up to a 2.75p share price, £2.6 million market cap, continued to avoid. The shares most recently closed at 2.25p and what about now a “Trading update and further funding” announcement?

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