Thursday, February 5, 2009

Medsea Looking to De-List from Stock Exchange, for the 2nd Time

Medsea, one of the original companies involved in the Calabria property market have asked to de-list from the Alternative Investment Market (AIM) in November. This will be the second time they have made this request.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2015881&source=RNS

Their Finance Director resigned in December.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2035714&source=RNS

They are now putting several alternatives to their shareholders, accessing the best way to move forward for them.

Unfortunately, their share price is now trading at 20p from a 52 week high of 13.00.

I appreciate this is hardly breakng news, but there has been so much talk on forums elsewhere on the web, that I though publishing the actual documents submitted would end further conjecture about said company.

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