Stock Market News
Prices
Nautilus Minerals to de-list from AIM
01-02-2013 13:07
| Add To Google +1 | Tweet |
Nautilus Minerals shares plunged over 23 per cent on Friday after the company announced that it plans to cancel its AIM-listing from March 8th.
It made the decision on the basis of the lack of liquidity in the company's shares on AIM and the cost of maintaining the listing on the index.
"The board considers that the costs incurred to maintain the listing of the company's shares on AIM now exceed current and potential future benfits the company could obtain from the listing," the group said.
It will continue to be listed on the Toronto Stock Exchange.
Nautilus describes itself as the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits.
The share price fell 7.00p to 23p by 13:30.
NR
It made the decision on the basis of the lack of liquidity in the company's shares on AIM and the cost of maintaining the listing on the index.
"The board considers that the costs incurred to maintain the listing of the company's shares on AIM now exceed current and potential future benfits the company could obtain from the listing," the group said.
It will continue to be listed on the Toronto Stock Exchange.
Nautilus describes itself as the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits.
The share price fell 7.00p to 23p by 13:30.
NR
| Related share prices |
|---|
| Nautilus Minerals Inc. (DI) (NUS) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
| Enter share symbol |
| Search share prices A to Z |
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce
- Banco Santander price
- Direct Line
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers
- Telecom plus
- Kier share price
- Punch taverns
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price