Marine seismic services provider Thalassa Holdings Ltd has not given up its interest in former Aim company Rock Solid Images even though its partial offer lapsed.
Thalassa has bought 529,030 – 92% of the shares that had accepted the offer – for 3,815 Thalassa shares and £1,715. This takes Thalassa’s stake to 4.34%.
Thalassa has been investing in capital equipment because of the increasing demand for its services. Contracted revenues are $15m for 2012.
At 51p a share, Thalassa is valued at £4.96m.
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