The dismal nine year tale of woe that has been AIM Cesspit posterboy Cyan Holdings (CYAN) continued today with news of a £1.1 million placing at just 0.15p. The Bulletin Board Morons who abused me, as I have warned of this disaster in waiting for more than six months, lose again.
0.15p – wow. What a horror. Even Cyan says in its statement that it regrets having to issue stock at such a low price. Frankly I am amazed that anyone wanted to pony up even at that price.
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