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The latest announcement is out from Quadrise Fuels International ( (GB:QED) ).
Quadrise Fuels International Plc has announced a new fundraising initiative through a placing and subscription of shares to raise a minimum of £3 million, with an additional retail offer for existing shareholders to raise up to £1 million. This financial move is expected to bolster the company’s capital, supporting its ongoing projects and potentially enhancing its market position in the clean energy sector.
More about Quadrise Fuels International
Quadrise Fuels International Plc is a company that provides innovative energy solutions aimed at promoting a cleaner planet. The company focuses on supplying advanced fuel products and technologies to various markets, striving to reduce emissions and improve energy efficiency.
YTD Price Performance: -12.85%
Average Trading Volume: 9,297,614
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £110.1M
See more insights into QED stock on TipRanks’ Stock Analysis page.