React Group (REAT)

Sector:

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Index:

FTSE AIM All-Share

72.33p
   
  • Change Today:
    -1.17p
  • 52 Week High: 85.00p
  • 52 Week Low: 62.50p
  • Currency: UK Pounds
  • Shares Issued: 21.55m
  • Volume: 4,636
  • Market Cap: £15.59m
  • RiskGrade: 389

Verdes plunges after investor money fails to arrive

Date: Thursday 03 Jan 2013

LONDON (ShareCast) - Verdes Management, which offers independent advice and solutions to UK companies, lost a third of its value after announcing problems collecting money from a recent placing.

The firm announced a placing on 29th October 2012 to raise £550,000 in two separate subscriptions.

The first went off without a hitch and raised £211,000.

But the bigger of the two, the second subscription, has run into trouble.

It theoretically raised £339,000, but the firm said it had only collected £39,000 of that so far.

Verdes said the remaining amount - equivalent to 300m ordinary shares, which were supposed to be allotted on or before 7th December 2012 - had not been admitted to AIM as payment had not yet been received.

It said discussions are proceeding between the relevant parties and their advisers.

The company's shares were trading down 31.6% by 1100.

MM

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

React Group Market Data

Currency UK Pounds
Share Price 72.33p
Change Today -1.17p
% Change -1.59 %
52 Week High 85.00p
52 Week Low 62.50p
Volume 4,636
Shares Issued 21.55m
Market Cap £15.59m
RiskGrade 389

React Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.55% below the market average15.55% below the market average15.55% below the market average15.55% below the market average15.55% below the market average
35.48% above the sector average35.48% above the sector average35.48% above the sector average35.48% above the sector average35.48% above the sector average
Price Trend
50.50% above the market average50.50% above the market average50.50% above the market average50.50% above the market average50.50% above the market average
26.00% above the sector average26.00% above the sector average26.00% above the sector average26.00% above the sector average26.00% above the sector average
Income Not Available
Growth
84.45% above the market average84.45% above the market average84.45% above the market average84.45% above the market average84.45% above the market average
87.10% above the sector average87.10% above the sector average87.10% above the sector average87.10% above the sector average87.10% above the sector average

React Group Dividends

No dividends found

Trades for 26-Jun-2024

Time Volume / Share Price
12:17 3,000 @ 72.03p
10:20 1,636 @ 73.10p

React Group Key Personnel

CEO Shaun Doak
CFO Spencer Dredge

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