Truspine – More Aquis-listed Nonsense: who would pay 10p for shares worth now just 7.3p?
After yesterday’s shambles, when Aquis-listed Truspine (TSP) finally reached the inevitable conclusion that £250,000 due for shares at the IPO last year in August at 36p a pop was not going to come in. Not surprising, as the shares have since cratered by 75%. The shares dropped on the news by another 13% to just 7.3p. Truspine has been somewhat tardy with regard to updating the market on progress….or lack of it……but has been rattling the tin at 10p per share. One would have thought that under the circumstances the computer would just say “no”, but…..
