"In May 2022, 13,798,103 Placing and Subscription Shares were issued as part of the capital raise to strengthen the Company’s balance sheet, increase liquidity headroom and fund additional costs to complete the Arnhem Plant Reactor 4 capacity expansion. The Shares were issued at a price of €1.45 (£1.23) per ordinary share, raising gross proceeds of €20 million (before expenses). In August 2022, 306,329 Shares were issued following the exercise of nil cost options, granted under the Company’s 2013 Long Term Incentive Plan (‘LTIP’). "
So now 204m shares outstanding. Equity EUR 135m Book value per share: EUR 0,66
(was 0,57 at the end of 2020: https://sinaas.blogspot.com/2020/12/accsys-technologies.html)
Share price: EUR 0,98 (was EUR 2 in 2021 when growth was in fashion).
The company is not profitable today. Growth is expected despite delays in building factories.
Too difficult pile.
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