A “Board changes, strategic review & trading update” announcement from “housebuilder, partnership housing developer and regeneration specialist focused on the South and South East of England” Inland Homes (INL) includes that “CEO, Stephen Wicks is to retire” but also that it is “confident… will make good progress in the coming year”. So what of a current below 19p share price, down more than 30%?!
Folks often carp that Primary Bid offers are at the scuzzier end of the AIM casino. That charge cannot be levelled today. Inland Homes (INL) is a proper company and this is a serious, largely institutional, fund raise.