Share Name Share Symbol Market Type Share ISIN Share Description
Levrett LSE:LVRT London Ordinary Share GB00BYW79Y38 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.50p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 0.0 -0.4 -0.0 - 3.35

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Date Time Title Posts
24/11/201614:38Levrett - Regan's latest shell101.00
24/2/201607:49LVRT - Regan bio/medtech vehicle1.00

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DateSubject
03/12/2016
08:20
Levrett Daily Update: Levrett is listed in the Pharmaceuticals & Biotechnology sector of the London Stock Exchange with ticker LVRT. The last closing price for Levrett was 3.50p.
Levrett has a 4 week average price of 0p and a 12 week average price of 2.27p.
The 1 year high share price is 4.13p while the 1 year low share price is currently 0p.
There are currently 95,750,000 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Levrett is £3,351,250.
21/9/2016
07:31
maytrees: Greetings jimduggen I am no expert. My guess is though that the directors of Nuformix will wish to see considerable new capital in the combined co. Forming a new LSE or even AIM co is very expensive prohibitively so for many small companies. Using an existing clean shell co like LVRT may be a cheaper and speedier way in. Obviously LVRT's owner/shareholders even existing PI shareholders, will need to benefit but I imagine the key is to raise substantial funds for Nuformix in respect of which both cos will need advice as to the numbers of new shares to be issued bearing in mind the need to secure a fair opening price on the AIM market. For existing LVRT shareholders the combined share price needs imho, to be at the equivalent of 4p+ as that was the share price before suspension. The "equivalent" share price will of course depend upon the number of new shares to be issued including the number of new shares exchanged for each LVRT share. Of course the sum may be well over 4p. Alternatively if the new co is regarded as unattractive or is never formed, rather less than 4p!
Levrett share price data is direct from the London Stock Exchange
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