4th Jun 2015 09:04
LONDON (Alliance News) - Feedback PLC Thursday said it knows of no other reasons for the recent jump in its share price, aside from the completion of a successful placing which attracted positive media comments Wednesday.
Shares in the software company are trading up 38% at 3.10 pence Thursday morning, having touched 3.22p earlier, a new 52-week high.
Feedback said Wednesday it raised GBP200,000 by placing 11.1 million new shares at 1.8 pence each with existing and new investors, money the medicval imaging software company will use to fund the continued development of its TexRAD software.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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