Aim shows signs of springing back to life - Media Coverage
By David Blackwell
...Entertainment One’s decision to move to the main market is more surprising. The company, which owns the rights to television programmes such as Life on Mars and Will & Grace, reversed on to Aim in March 2007, raising £85m at 100p. The shares fell to 12½p at the start of the credit crunch in September 2008 as hedge funds became forced sellers of the company, in which backer Marwyn still owns 45 per cent.
It has been able to grow through acquisition, using cash, paper and debt, but the shares are still only at 68p, giving it a market capitalisation of a little over £100m.
To read the full article please visit the FT
Back