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Stanley Gibbons mulls fundraising options

By BFN News | 11:38 AM | Wednesday 13 January, 2016


Stanley Gibbons has confirmed that it is considering a number of fundraising alternatives to reinforce its working capital position prior to the year ended March 31, 2016. It added that, whilst an equity fundraising is one option potentially available to the Company, the discount to the Group's net asset value at which any such fundraising would likely be priced could make it a relatively unattractive route to alternatives under consideration. At 11:38am: (LON:SGI) Stanley Gibbons Group The Ltd share price was -8p at 60.5p Story provided by StockMarketWire.com

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