SuperSeed Capital Ltd raised £2m at 100p a share in order to invest in UK based seed technology companies alongside a related fund.
The share price ended the week at 70p (65p/75p). There were eight trades during the week and the first was for 1,000 shares at 90p each. A total of 36,000 shares were traded.
This is a large fall from the placing price. The NAV is 91.1p a share and directors can issue up to 50 million further shares at below NAV at the time of issue. They may not want to issu...
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