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 | 0.22p |
Change Today | -0.010p |
% Change | -4.44 % |
52 Week High | 0.98p |
52 Week Low | 0.21p |
Volume | 42,980,427 |
Shares Issued | 4,302.99m |
Market Cap | £9.25m |
Beta | 0.19 |
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 |
16:07 | 262,160 @ 0.22p |
16:07 | 457,688 @ 0.22p |
16:02 | 272,000 @ 0.21p |
15:55 | 48,345 @ 0.22p |
14:49 | 1,350 @ 0.22p |
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