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Feedback plc – argues “successful fundraising”. Er, what about the 55% discount?!

By Steve Moore | Monday 4 November 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 medical data technology company Feedback plc (FDBK), last month with the shares up to above 55p I concluded then including ‘no results detail with the announcement having been on 12th September last year, 20th September the year before that but in November the year before that…when it was accompanied by a fundraise. I ask how’s the balance sheet position now and is the company’s latest attempted ramptastic?’. Today results for its year ended 31st May 2024 and a stated “successful fundraising”.

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