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Enteq shares plummet 42% after discounted placing, subscription

By Benjamin Chiou

Date: Wednesday 25 Sep 2024

(Sharecast News) - Shares in AIM-listed energy services engineering and tech group Enteq plummeted more than 40% on Wednesday after the heavily discounted fundraising.
The company, known for its SABER (Steer-At-Bit Enteq Rotary Tool) directional drilling technology, raised £1.5m by way of the issue of up to 30m new ordinary shares...

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