New standard listing: Aura Renewable goes to 70% premium

Aura Renewable Acquisitions is a new shell seeking acquisitions in the renewable energy sector and it plans to build up a significant group covering the UK and international markets. The initial intention is to focus on the supply chains of the renewables sector.

The share price opened at 15p and ended at 17p (16p/18p), which is a 70% premium to the issue price. There were 16 trades and the largest was worth £6,561.

The shares are trading at double the level of cash held by Aura Renewable...

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