||COM SHS $0.001 (DI)
||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
|Prophotonix Daily Update: Prophotonix is listed in the Electronic & Electrical Equipment sector of the London Stock Exchange with ticker PPIX. The last closing price for Prophotonix was 6.25p.|
Prophotonix has a 4 week average price of 6.31p and a 12 week average price of 6.01p.
The 1 year high share price is 6.75p while the 1 year low share price is currently 1.63p.
There are currently 76,060,174 shares in issue and the average daily traded volume is 600 shares. The market capitalisation of Prophotonix is £4,753,760.88.
|buywell3: Re SIXH
Those shares are now around less than 50% of what PPIX took them at
Does PPIX still own them ?
ProPhotonix Limited (London Stock Exchange - AIM: PPIX and PPIR, OTC: STKR), a designer and manufacturer of LED illumination systems and laser diode modules with operations in Ireland and the United Kingdom, notes that 600 Group PLC (the “600 Group”) has announced that it has acquired 22,042,143 shares of common stock of ProPhotonix from existing shareholders, representing 26.3% of the outstanding shares of ProPhotonix, for consideration to be satisfied by the issue of 4,925,621 ordinary shares of the 600 Group. Based on the closing price per 600 Group share of 22.375 pence on 1 August 2014, being the last business day prior to the date of the announcement by 600 Group, this acquisition represents a price of 5.0 pence ($0.08) per PPIX share, which would indicate a premium of approximately 120% to the closing price of PPIX shares (2.275 pence) on 1 August 2014. ProPhotonix, incorporated in the State of Delaware, United States of America, is not subject to the UK City Code on Takeovers and Mergers (“City Code”), as disclosed in the Company’s Admission Document dated 20 December 2010.|
Prophotonix share price data is direct from the London Stock Exchange