6 April 2022 - final results

The AIM-listed investing company, has announced final results for the year ended 30 November 2021.  The disposal of Marcelos' investment in GreenWhiteStar Acquisitions Limited and its subsidiaries Eddie Stobart, The Pallet Network, iForce, Eddie Stobart Europe and The Logistics People to Culina Group Limited was the key event.  Following this the company had a cash balance of £131.9m at the end of the year, the equivalent of approximately 19p per share.  Most of the funds will be deployed in investments identified by investment manager DBAY and the company has already spent over £13m . . .

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