Futura Medical (FUM)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

34.85p
   
  • Change Today:
    -0.60p
  • 52 Week High: 65.00p
  • 52 Week Low: 25.50p
  • Currency: UK Pounds
  • Shares Issued: 301.45m
  • Volume: 408,913
  • Market Cap: £105.06m
  • RiskGrade: 479

Future Medical places shares at tiny discount

Date: Friday 14 Sep 2012

LONDON (ShareCast) - Futura Medical, best known for its condom products which help maintain a firmer erection during sexual intercourse, is to raise funds through a placing of shares at a tiny discount to the prevailing share price.

The company intends to raise £2.08m, gross, through the placing of 3.65m shares at 57p a share, just a penny lower than the closing price of the shares on the day before the placing was announced.

The newly issued shares have been placed with institutional investors and represent around one-fifth of the company's enlarged share capital.

The cash will be used for working capital purposes.

The share price hardened by a penny to 59p in the first hour of trading on the news.

JH

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Futura Medical Market Data

Currency UK Pounds
Share Price 34.85p
Change Today -0.60p
% Change -1.69 %
52 Week High 65.00p
52 Week Low 25.50p
Volume 408,913
Shares Issued 301.45m
Market Cap £105.06m
RiskGrade 479

Futura Medical Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.72% below the market average47.72% below the market average47.72% below the market average47.72% below the market average47.72% below the market average
17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average
Price Trend
14.35% above the market average14.35% above the market average14.35% above the market average14.35% above the market average14.35% above the market average
60.71% above the sector average60.71% above the sector average60.71% above the sector average60.71% above the sector average60.71% above the sector average
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Futura Medical Dividends

No dividends found

Trades for 29-Apr-2024

Time Volume / Share Price
16:35 9,297 @ 34.85p
16:35 3,064 @ 34.85p
16:35 1,233 @ 34.85p
16:35 703 @ 34.85p
16:35 2,913 @ 34.85p

Futura Medical Key Personnel

CEO James Henry Barder
Finance Director Angela Hildreth

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