News blog
Dipford Group
- BY: Andrew Hore |
- POSTED: 06/06/2008 |
Shares in Dipford Group have been suspended.
Dipford is a business broker and the lack of completed sales of businesses has fallen sharply. This has hit cash generation and it has left Dipford short of cash. It is talking to its bank about the current situation and has asked to have trading in its shares suspended “pending clarification of its financial position”.
Dipford is valued at £670,000 at the suspension price of 5.75p.
Dipford floated on Aim on 12 February 2002. It raised £570,000 from a share placing at 49p a share.
Former Rowan Dartington boss Barrie Newton was appointed chairman on 19 May.
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