Dillistone (GB:DSG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Dillistone Group PLC, an AIM-listed provider of recruitment industry software, has announced plans to raise funds through the issuance of convertible loan notes and new ordinary shares totaling GBP 360,000. Despite challenging market conditions, the company expects H1 results to align with management expectations and show a significant improvement in operational profitability compared to the previous year. The raised funds, backed by board members and a new independent investor, will serve as additional working capital and support upcoming significant product updates.
For further insights into GB:DSG stock, check out TipRanks’ Stock Analysis page.
