Cash shell Vulcan Two Group has been set up to acquire ePharmacy companies and consolidate the sector. The management has previously run a consolidator in the online contact lenses sector.
There are already six potential acquisitions that could be made, although it is unlikely that they will all be acquired. The fragmented market provides plenty of opportunities.
The share price opened at 212.5p and ended the week at 237.5p (230p/245p). There were nearly 429,000 shares traded on the first day, falling to 4,100 the next day. On Friday only 965 shares were traded. This suggests that there may be...
