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AssetCo ( (GB:ASTO) ) has issued an update.
AssetCo PLC has announced a proposed share reorganisation aimed at better reflecting its core business interests and improving the attractiveness of its shares. The reorganisation will involve dividing existing shares into New A Ordinary Shares and New B Shares, corresponding to its separate business interests, and seeking admission to trading on AIM. This strategic move is expected to enhance the company’s valuation consistency and appeal to investors.
More about AssetCo
AssetCo PLC operates in the investment management industry, with its primary business interests being River Global and Parmenion, focusing on equities investment management and economic interests respectively.
YTD Price Performance: 0.66%
Average Trading Volume: 166,010
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £43.45M
For an in-depth examination of ASTO stock, go to TipRanks’ Stock Analysis page.
