15/08/2008
Specialist online travel group Travelzest says it is in ‘early stage’ discussions over a potential offer at 115p or less.
The Hertfordshire-based company, which lost £90,000 on £16.3 million revenues in the six months to April, has responded to market speculation by confirming the talks. According to Travelzest, the potential bidder reserves the right to announce a lower offer to the extent that Travelzest’s board is prepared to recommend it.
Floated three years ago at 126p, Travelzest’s shares hit 178.5p in early 2007, but retreated to 87p last February. They have now rallied to 104.5p, valuing the company at
£21.3 million.
Growth Company Investor subscribers have full access to all our AIM and small-cap share recommendations. To subscribe today with a half-price offer, and gain immediate access to all the recommendations, click here.
Related Articles:
|
| 16/05/2008
|
| 16/05/2008
|
| 14/05/2008
|
| 13/05/2008
|
| 12/05/2008
|
People who read this article also read ...
|
| 18/08/2008
|
| 18/08/2008
|
| 18/08/2008
|
| 18/08/2008
|
| 15/08/2008
|
| AIM | £9.58m |
47.00p
|
1.00p
|
|
| Other company articles: |
| 06/10/2008 |
| 15/08/2008 |
| 08/02/2008 |
| 02/07/2007 |
| 02/02/2007 |
Looking for Development Finance
We have reviewed and sorted 276 odd links for development finance - the top 10 list is presented here..
Development Finance
Looking for Development Finance? Review our comprehensive listings.
Finance Building Development UK
We present absolutely free financial information and a superior financial search system.
