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Plastics Capital - average down and or buy as acquisition announced

Tom Winnifrith
Wednesday 5 November 2014

Plastics Capital (PLA) has announced a, conditional on 20th November General Meeting approval, £5 million placing at 98p per share to help fund a prospective £9.82 million, and up to £10.64 million, acquisition of a business from the Grim North. we guess that this shows that not everyone living north of Kenilworth lives off welfare. You learn something new every day.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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