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Otium Ventures

  • BY: Andrew Hore |
  • POSTED: 16/05/2011 |

Aim has given shell company Otium Ventures a reprieve and its quotation has not been cancelled because it is at an advanced stage of exploring potential opportunities.

However, the shares of the former pre-paid cards business remain suspended. Otium was meant to have its quotation cancelled on 12 May because the shares had been suspended for six months. A CVA was completed in April.

Otium, where Ireland-based resources investor John McKeon is the majority investor, says that it will provide more news before the end of May. 

Shares in Otium were suspended on 15 November at 1.25p each. 

Download the May 2011 edition of AIM Journal at http://www.hubinvest.com/AIMPDFMay2011_20.pdf

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