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APQ Global ( (GB:APQ) ) just unveiled an announcement.
APQ Global Limited reported an unaudited book value per ordinary share of 22.75 US Dollar cents as of November 29, 2024. The company held approximately USD 4.4 million in cash at the end of November, up from USD 4.3 million in October. APQ Global is actively pursuing strategies to generate sufficient cash to repay its outstanding convertible unsecured loan stock (CULS) by March 31, 2025, through success fees and refinancing options. The company, through its subsidiary Delphos, is executing 47 capital raising mandates and maintains revenue estimates for December 2024 in line with previous guidance. The announcement highlights APQ Global’s ongoing efforts to strengthen its financial position and meet its financial obligations, which could positively impact its stakeholders and market positioning.
More about APQ Global
APQ Global Limited is an investment company incorporated in Guernsey, listed on The International Stock Exchange, and admitted to trading on AIM. The company focuses on global investment activities, particularly in emerging markets such as Asia, Latin America, Eastern Europe, the Middle East, Africa, and the Channel Islands. Its objective is to grow earnings and deliver attractive returns and capital growth by building growing businesses and generating revenue from income-generating operating activities in capital markets. APQ Global manages a diversified and liquid portfolio, takes strategic stakes in selected businesses, and aims to acquire operational control in companies.
YTD Price Performance: 116.67%
Average Trading Volume: 117,639
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.11M
For an in-depth examination of APQ stock, go to TipRanks’ Stock Analysis page.
