14 January 2022 - update

The AIM-listed company has announced plans to buy back up to 20% of its equity in a move to narrow the discount between the share price and the asset value of the company.  As we have highlighted before, the cash balances held by the company are worth almost 19p per share and yet the share price stands at a significant discount to this.  The company is looking for suitable investment opportunities and has also announced plans to widen the scope for any potential investment as it believes this will provide a greater number of investment . . .

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