25 June 2021 - share purchases

Shares in AIM-listed Coral Products are worth a look following the recent weakness in the share price.  The shares have drifted back from the recent high of 15p despite the encouraging trading statement of 1 June.  The latter confirmed that in the year to 30 April group revenues on continuing activities would be at least £10.7m (2020: £8.7m) and profit before tax would be around £700,000.  The latter figure excludes the profit made on the businesses sold.  Cash balances at 30 April were £3.8m whilst the sale of the freehold . . .

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