Marine Track IPO update18 Mar 2008 07:31
Company has today announced, that the initial public offering ("IPO") of Marine Track Ltd, will be achieved within 3 months subject to market conditions, the Co admitted that recent market turmoil has not been conducive to the IPO, but remains optomistic that it will go ahead with the revised time schedule. Also announced with the statement were 6 month interims ended 31st December, indicating that there has been significant growth in Assets position with Basic earnings per share ("EPS") fully diluted of 0.10p/share from 0.01p/share.