26/05/2000
Clipper Ventures, which has diversified from round-the-world yacht races into branded clothing, corporate sailing and inflatable boats, is planning to spin off its latest venture, clippertele.com. clippertele.com, an on-line portal for the sailing community, has grand ambitions to become an internet and telecommunications business. Clipper Ventures will retain 49% of the concern, which hopes to raise £1.5m on admission to Aim, valuing it at a hefty £10m.
| Market cap: | £8.78m |
| PE Average: | n/a |
| PE Forecast: | n/a |
| PE Historic: | n/a |
| Share price: | 73.5p |
| AIM | £2.83m |
7.25p
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0.00p
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| Other company articles: |
| 29/05/2007 |
| 15/12/2005 |
| 02/09/2005 |
| 01/02/2005 |
| 29/10/2003 |
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