By Victoria Young
Date: Friday 24 Jul 2015
LONDON (ShareCast) - (ShareCast News) - Shares in investment company LMS Capital fell by more than 5% after the company said it would shift its focus to energy companies.
At 1351 BST shares in LMS fell by 5.33% to 74.31p as the firm said it would change policy, subject to shareholder approval.
LMS said the collapse of oil and gas prices have caused dislocation within the energy sector which created a potential investment opportunity.
The company said energy investment expert Tom Daniel, former BP boss Tony Hayward, and current non-executive directors Robert Rayne and Bernard Duroc-Danner would oversee the strategy.
LMS had also engaged former Goldman Sachs banking head Julian Metherell to act as a senior adviser.
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Currency | UK Pounds |
Share Price | 18.55p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 24.50 |
52 Week Low | 15.30 |
Volume | 20,002 |
Shares Issued | 80.73m |
Market Cap | £14.97m |
RiskGrade | 150 |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Final | Interim | |
Ex-Div | n/a | 10-Aug-23 |
Paid | n/a | 12-Sep-23 |
Amount | 0.62p | 0.30p |
Time | Volume / Share Price |
11:13 | 20,000 @ 18.55p |
10:46 | 2 @ 18.10p |
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