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 | 0.066p |
Change Today | 0.003p |
% Change | 5.14 % |
52 Week High | 0.56 |
52 Week Low | 0.038 |
Volume | 48,693,395 |
Shares Issued | 12,321m |
Market Cap | £8.10m |
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 |
11:26 | 3,500,000 @ 0.064p |
10:29 | 7,142 @ 0.070p |
10:26 | 948,544 @ 0.068p |
10:12 | 111,779 @ 0.068p |
10:10 | 5,000,000 @ 0.065p |
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