Smaller company-focused telecoms services provider Toople (LON: TOOP) has been on the standard list for nearly four years, but it continues to leak enormous amounts of cash. A proposed acquisition will make Toople a more significant business, although it will not totally stem that cash outflow.
Toople was always too small to be an effective quoted company. The flotation was a triumph of over optimism over sense. The costs of being quoted eat up relatively significant amounts of cash on their ...
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