New standard listing: Milton Capital seeks tech deal

Shell company Milton Capitalhas floated on the Main Market. The initial focus is acquisition targets in the technology sector. They could be based in the UK or overseas.

The share price ended the first day at 1.1p (1p/1.2p). There were two buys on the first day, worth a total of £986, and then tree trades on the following day one buy worth £58 and two sales worth £10,000 each.

There will be cash of £950,000 after admission. At the current rate of operating costs that can be conserved, but there will be additional due diligence costs. Milton Capital may lend money to a potential acquisit...

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