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AO World – £40m Placing and Primary Bid offer – thanks, but no thanks
Having insisted that it was on track to hit forecasts (which included an improved cash position), AO World (AO.) has today announced a £40 million institutional book build and Primary Bid Offer, at 43p – last night, the shares were 47p. So, should you consider an investment? Er…no.
- By Tom Winnifrith
- 2022-07-06 08:30:44