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Plant Health Care – “remains committed to its listing on AIM, including for any potential funding needs”. Such ‘needs’ soon?...

By Steve Moore | Thursday 18 May 2023

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Agriculture plant protection company Plant Health Care (PHC) has announced that from a consultation process it is “clear… that investors are consistently supportive of the company's track record of delivering growth over recent years… there is clearly a prevailing view that the company should remain listed”. With this following a previous announcement that the company was to consult as to whether AIM remains the right environment for it, the shares have currently responded approaching 9% higher to above 11p. So what now?
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