Dolfines has executed an equity financing programme to prop up its balance sheet and finance an acquisition in FY22. The result was a year-long downhill trend on the share price at a stupefying level of 98%. Committed to the strategy to generate more revenues and expand market share, Dolfines embarked on another cash-accretive acquisition opportunity this year, again with equity line financing that will sustain downward pressure on the stock for at least until the end of Q1.
02 Mar 2023
Tapping into the HSE market with new equity-financed acquisition
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Tapping into the HSE market with new equity-financed acquisition
Dolfines SA (ALDOL:PAR) | 0 0 0.0% | Mkt Cap: 7.69m
- Published:
02 Mar 2023 -
Author:
Elif Binici -
Pages:
3
Dolfines has executed an equity financing programme to prop up its balance sheet and finance an acquisition in FY22. The result was a year-long downhill trend on the share price at a stupefying level of 98%. Committed to the strategy to generate more revenues and expand market share, Dolfines embarked on another cash-accretive acquisition opportunity this year, again with equity line financing that will sustain downward pressure on the stock for at least until the end of Q1.