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Antisoma

  • BY: Andrew Hore |
  • POSTED: 23/03/2012 |

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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