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Monday, 14 June 2010

Is today the last day for Vantic plc?

RNS announcement at 8-15am today concerning Vantis plc

"Shares suspended pending clarification of the company's financial position"

This is usually a signal that the company in question is heading into administration or being purchased. I guess in this case the audit qualification by the company's auditors was the warning sign.

The news will flow later today probably.

1 comment :

  1. rumor has it that RBS has set 30th june as the "plug pulling" date. Some employees believe they will not be paid this month if ever.

    ReplyDelete

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