By Michele Maatouk
Date: Friday 10 Mar 2023
LONDON (ShareCast) - (Sharecast News) - Woodbois confirmed on Friday that it is considering an equity raising.
Responding to market speculation, the company said it has received a proposal from an intermediary regarding a proposed equity fundraising of around £3m.
"The board has evaluated this proposal and intends to make a final decision on receipt of legally binding documentation," it said, adding that there can be no certainty a fundraising will occur.
"The company will provide a further update in due course," it said.
Woodbois is an AIM-listed African-focused forestry company.
At 1405 GMT, the shares were down 5.9% at 1.29p.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 0.63p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 0.98 |
52 Week Low | 0.37 |
Volume | 36,152,619 |
Shares Issued | 3,945.85m |
Market Cap | £24.86m |
RiskGrade | 396 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
No dividends found |
Time | Volume / Share Price |
17:06 | 500,000 @ 0.63p |
16:12 | 2,000,000 @ 0.63p |
16:06 | 10,000,000 @ 0.63p |
16:09 | 500,000 @ 0.64p |
15:57 | 11,850 @ 0.62p |
You are here: research