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.
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Currency | UK Pounds |
Share Price | 0.043p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 0.54 |
52 Week Low | 0.035 |
Volume | 142,334,478 |
Shares Issued | 12,321m |
Market Cap | £5.24m |
Beta | 0.01 |
RiskGrade | 396 |
Value |
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Price Trend |
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Income | ![]() |
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Growth |
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No dividends found |
Time | Volume / Share Price |
16:25 | 226,730 @ 0.042p |
16:14 | 25,000,000 @ 0.041p |
16:07 | 2,222 @ 0.035p |
16:07 | 20,000 @ 0.045p |
16:07 | 30,000 @ 0.045p |
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