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Avacta Shares More Than Double in a Few Days, But Virus Kit May Whack Up an Even Better Performance than that.
Arena Events Group (ARE) “is pleased to announce that it has conditionally raised £9.5 million (before expenses)… at a price of 10 pence per share… a 71 per cent. premium to the VWAP of an ordinary share for the five business days preceding the date of this announcement”…
Previously writing on events equipment and management services group Arena Events (ARE), I noted I previously warned with the shares around 40p early this year and clear reasons for current concern – including asking a change of financing strategy ahoy?. Now…
“Arena Events Group plc (AIM: ARE), is pleased to announce that it has completed the installation of the largest single temporary hospitality structure ever installed in Japan”. However, it’s an RNS Reach announcement…
A “Trading Update” from “provider of temporary physical structures, seating, ice rinks, furniture and interiors”, Arena Events (ARE) includes in its first paragraph; “The group experienced strong revenue growth across the UK, US and Middle East divisions with the acquisitions contributing as expected”. The shares have though responded to the update… currently more than 30% lower on the day, at around 40p! Hmmm…
Hello Share Surfers. As the snow flies here in the grim north, and we all want to stay inside, I turn ironically to a company which relies mostly on the popularity of activities outdoors. Arena Events (ARE) only appeared on AIM in July. The launch price was 55p. Now the share is 63p.
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