Limited liquidity leads to Diaceutics flotation premium

Diaceutics uses its data analysis and advisory services to make the development of precision medicines and their related diagnostic tests, more efficient and help pharma companies achieve a better return.
The data itself is a highly valuable asset and significant time and investment would be required for a competitor to develop its own version of the technology and collect the data.
This is a good business. The question is how much should be paid for the shares?
On top of the £17m raised by the company, existing shareholders raised £3.75m from share sales. However, they went to a limited nu...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.