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DG Innovate – after argued “pleased to announce” placing earlier this month, now “Intention to delist”!

By Steve Moore | Tuesday 31 December 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 on DG Innovate (DGI), describing itself as an “advanced research and development company developing pioneering solutions in sustainable mobility and energy storage”, earlier this month I wrote “pleased to announce” placing, but how ‘pleasing’ is it really? – concluding with the shares down to 0.085p still funding-need Avoid. The shares commenced today at around 0.08p and now an announcement that the shares are to be delisted…

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