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

MINDING THE LSE’S BUSINESS

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

Time Out Group – full-year results and a placing “to fund capital investment”. Er, what about the currently further deteriorated balance sheet?

By Steve Moore | Wednesday 30 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.


Time Out Group (TMO) has announced a placing to raise approximately £8 million at 50p per share “to fund capital investment in connection with opening two new potential markets in London and New York, and to accelerate Media technology investments”. What about this with also today-announced results for its year ended 30th June 2024?
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

 

GEX

Georgina Energy: Lyin’ Yet again

Wednesday »

Bearcast

Tom Winnifrith Bearcast: Bracing myself

Time left: 12:36:14