From £7.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £7.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Gelion – proposed discounted equity fundraising and still more funding to be needed this year? (despite its accompanying ramptastic announcements)

By Steve Moore | Thursday 17 April 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Most recently writing on AIM-listed company describing itself as a “global energy storage innovator” (hmmm, a costly area to ‘innovate’ in!) Gelion (GELN), last month with the shares above 10p I concluded ‘ahead of now even closer yet another attempted fundraising ahoy, avoid/sell’. The company today has announced “Factory Acceptance Test Complete & First Revenue” and “Breakthrough Sulfur Test Results and MTA agreed” titled announcements, though with also “Proposed Placing, Subscription & Retail Offer” – quelle surprise!

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

Monday »

ICON

Iconic Labs, the world has gone mad!

Time left: 11:09:41