Low-sodium salt developer MicroSalt has completed its flotation on AIM. The £3.15m raised will boost sales and marketing and enable stocks to be built up. There will also be money for further product development.
The shares went to an immediate premium and ended the first day of trading on 1 February at 50.5p. They were 55p at the end of the week. There was initial selling, but trades were subsequently dominated by buys.
Technology investment company Tekcapital (LON: TEK) owns 77.2% of MicroSalt after subscribing for additional shares. That stake is valued at just over £24m, which is mo...
