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1st Dental Laboratories

  • BY: Andrew Hore |
  • POSTED: 21/05/2010 |

One month after selling more than 2m shares in 1st Dental Laboratories Peter Gyllenhammar has bought an additional 450,000.

This takes his stake back up to 6.2%. The fall in the share price appears to have triggered further interest from Gyllenhammar.

The 1st Dental share price was around 5p a share at the time Gyllenhammar was selling but it had fallen to 2.625p by yesterday. That is a similar level to when Gyllenhammar started buying. Since the stake was increased it has risen to 3p a share, which values 1st Dental at 1.26m.

1st Dental says that it expects to return to profit in the six months to May 2010. 

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