RE: couple of interesting things29 Apr 2021 11:24
mmmm, the joint broker appointment has put a damper on the sp's progress as clearly there is speculation re a fund raise. Back in 2015 cenkos were also joint broker and yup, raised some money for CPX.....a fund raise per se is not a bad thing, the context is important and if CPX are due to raise around these levels, IF , then it will be far from 'a lights on' funding it will be for substantial growth.
We know the order book is growing, double last year, we know new products are coming to market, we know the manufacturing unit will be out grown on current demand for products at current rate.....all very positive and a great platform for the transistion from aim minnow to global player.....I can only envisage great demand for shares IF there was to be a raise and with everything in place as above, a share price under 10p will be a thing of the past.....many major larger companies raised funds to bolster their positions over the past year and the majority are now seeing higher sp's too as they positioned themselves for growth.....I have no idea if CPX will raise in the next few weeks, or if they will simply use debt financing as previously expected.....I will remain holding my current shares as the potential remains in tact and ever growing...