New standard listing: Ashington Innovation

Ashington Innovation is a shell seeking to acquire a technology business. It has not narrowed the potential sectors down by much, but it is likely to be something developing a newer technology.

The share price ended the first day of trading at 4p (3p/5p). There were 150,000 shares traded in three deals, including one for a single share.

The NAV is 0.85p/share and the share price is more than four times that level. High enough.

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Ashington Innovation (LON: ASHI)

Technolog...

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