Eddie Stobart Logistics PLC - AIM-listed cash shell - Says knows of no reason for recent share price increase. Says "remains committed" to converting into an investment company which will need shareholder consent and GBP6 million fundraise.
Current stock price: 13.00, up 26% on Tuesday
Year-to-date change: down 82%, but up 23% since shares resumed trading in February
By Eric Cunha; ericcunha@alliancenews.com
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