This is not a share tip as we would like to be free to buy and sell this stock as and when we want but I can disclose that RMPC has pumped a five figure sum into Ducat Ventures (DUC) shares in which resumed trading today as it announced what looks an interesting RTO.
This is the latest play by company rescuer Adam Reynolds. The name will change to Optibiotix Health and there will be a 200 for 1 share consolidation. At the placing price of 0.04p the market cap is £5.7 million and net cash is £3 million with the free float (former shareholders of Ceres Media) – I guess c £200,000 at the placing price.
The shares are now 0.04-0.05p
Full details of the deal are HERE
In summary the company says:
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