Disclosure: I own shares in one or more of the stocks mentioned. 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.
Gable Holdings (GAH), the non-life insurance company underwriting a range of specialist policies for the commercial sectors in the UK, Denmark, France, Germany, Italy, Norway and Spain, has announced that it has raised a gross £10.7 million via a 55p per share placing as “with the additional solvency capital in place, Gable is in a strong position to benefit from a number of opportunities to grow the business”. The shares are now 62.25p & I tipped them at a 45p offer eleven months ago on The Nifty Fifty.
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