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Eatonfield Group

  • BY: Andrew Hore |
  • POSTED: 09/03/2010 |

Property investor Eatonfield Group has raised £100,000 from a share placing but this cash will barely last until the end of March.

The shares were issued at their par value of 1p. This cash is part the £250,000 investment announced last month.

Eatonfield wants to raise up to £1m and there is interest in the share issue. 

At 1.55p a share, up 0.1p on the day, Eatonfield is valued at £3.6m. The net asset value was £12.4m prior to the raising of £6.9m at 5p a share last year and this latest cash call.

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