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IN BRIEF: Eddie Stobart Committed To Becoming Investing Firm

24th Nov 2020 19:32

Eddie Stobart Logistics PLC - AIM-listed cash shell - Says knows of no reason for recent share price increase. Says "remains committed" to converting into an investment company which will need shareholder consent and GBP6 million fundraise.

Current stock price: 13.00, up 26% on Tuesday

Year-to-date change: down 82%, but up 23% since shares resumed trading in February

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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