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SerVision

  • BY: Andrew Hore |
  • POSTED: 25/12/2008 |

SerVision says that it has not received all the cash it announced it was raising at the beginning of October.

It has received £924,000 of the £1.02m raised at 20p a share. The rest was supposed to be paid by 25 December. The cash had not been received by 24 December.

At 6.25p a share, SerVision is valued at £1.87m. The shares were below 20p each when the placing was announced but have fallen further since then.

The CCTV and video technology developer is considering its options.

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