Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Quadrise Fuels International ( (GB:QED) ) has shared an update.
Quadrise Fuels International has announced the successful closure of its upsized and oversubscribed Retail Offer, which raised gross proceeds of approximately £6.53 million. The significant demand allowed existing shareholders to receive full allocations of their soft pre-emptive allowance, with additional demand being partially met. The completion of this Retail Offer is contingent upon the completion of the Placing and Subscription, with shares expected to commence trading on AIM shortly. This development is indicative of strong investor confidence and has potential implications for the company’s growth and market expansion.
More about Quadrise Fuels International
Quadrise Fuels International is a company that provides innovative energy solutions aimed at promoting a cleaner planet. It operates in the energy industry with a focus on developing sustainable fuel alternatives.
YTD Price Performance: -44.83%
Average Trading Volume: 13,043,158
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £75.18M
See more data about QED stock on TipRanks’ Stock Analysis page.