HAYD has raised £5m (gross) through the placing and subscription for 250m shares at 2p, plus c.125m warrants also at 2p. There will be an Open Offer for up to 25.5m shares (and 12.75m warrants). This gives funding clarity to the business as it enters a phase of significant scale-up. HAYD is a key enabler of the nanomaterials revolution. Commercial momentum remains strong, notably in inks, Hi-Therm, Ceramyguard and US cutting tools. With breakeven revenue estimated at c.£10m, we can envisage HAYD ....