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Antisoma
- BY: Andrew Hore |
- POSTED: 23/03/2012 |
- COMMENTS: Add yours
Cash shell Antisoma continues to seek a new business.
Antisoma has a net asset value of £12.3m. At 1.73p a share, the former biotech firm is valued at £11m. There was cash in the bank of £13.6m at the end of 2011 but the NAV includes £4.33m of preference shares.
Administration costs have been reduced.
ORA (Guernsey) Ltd owns 29.1% of Antisoma, which switched to AIM on 11 January.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFMarch2012_30.pdf
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