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Aquabella Group

  • BY: Andrew Hore |
  • POSTED: 29/04/2008 |

Aquabella Group is appointing administrators.

It raised £225,000 from a convertible loan in March but this was not enough to keep the business going. Talks about an additional cash injection failed. Aquabella farms and markets Barramundi. Sales of the fish had been increasing but not fast enough for the company to make money. 

The shares were suspended on 19 February at 12p.

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