Aim adviser Libertas Capital says that it has not received the cash investment expected from Avis Energy Ltd and has asked for its shares to be suspended.
At the 3p a share suspension price, Libertas is currently valued at £2.01m.
Libertas is in talks with Avis Energy in order to resolve the problem. The share suspension was requested “pending clarification of the company’s financial position and strategic options”. Libertas continues to trade normally.
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