Investor's Champion Blog
Provides refreshingly forthright, independent comment on predominantly small cap companies and specialist investment funds. Informed opinion, based on first-hand research, but pulls no punches in exposing management weaknesses.
« Home | Sovereign Oilfield Group-could it be a ten bagger? » | Cosentino-another AIM wine company struggles » | Advent Air-the Chairman only appears to think the ... » | Adept Telecom-I have had enough of 'strong acquisi... » | ACM Shipping Group-off to a nice start » | Western & Oriental-it all appears to be proceeding... » | Dart Group-a great IHT stock although the Chief Ex... » | Velosi start to fly-long overdue in my view » | China Shoto - mad share price moves » | Traction Technology-what a rip off, investors beware. »

Vertu Motors-fund raising exceeds expectations

Author: IC | Posted:12 December 2006 @ 22:53
The fund raising for Vertu Motors appears to have significantly exceeded initial expectations with £25m being raised.

The original objective was to raise between £5m and £15m but clearly the large institutions liked the story and asked for more.

We look forward to following the acquisition trail over the coming months.

Let's hope for shareholder discounts on cars bought from Vertu dealers!

Post a Comment
 

Investor's Champion is a registered trade mark of Investors Champion Ltd.  Investor’s Champion Limited is a company registered in England and Wales under number 03577867 whose registered office is at Langwood House, 63-81 High Street, Rickmansworth, Herts WD3 1EQ. Investor’s Champion Ltd is associated with Fundamental Asset Limited who is authorised and regulated by the Financial Services Authority.

Disclaimer