Stock in the firm was initially offered at 240p
a share, after its private equity owners Advent International and Bain Capital sold about a 51% stake in the business.
As we write this article, shares are trading just below the 240p
level, but this morning could bring with it the stimulus for Chemring shares to make 'the big push' towards the highs of 2013.
The share price had been on a downward trajectory since the start of 2010, falling from a high of 240P
as profits came under pressure from input price hikes.
It is thought that VT has so far put forward potential offers at about 250p a share - above the current price at about 240p
, but far below year trading highs of more than 384p.
25p taking it down towards a 12-month low of less than 240p
25p to 240p
- a fall of more than 10% - while Mitchells & Butlers declined 10.
Donald Macdonald, boss of Bathgate-based Macdonald Hotels, has made an approach to buy the firm at 240p
PUNTERS wanting to take a bet on the William Hill stock market flotation are likely to have to pay at the top end of an indicative price range of 190p to 240p
a share, when full trading begins on June 20.
Processors in Northern Ireland have dropped lamb prices dramatically this past week from 240p
per kilo half weight to 225p with one north coats plant offering just 215p per kilo even to producer group members.
That's a rise in its value per share from just under 97p then to nearly 240p
at the end of February this year.
Together, the installations will mark 3,024 Conergy PM 240P
W solar modules and 3.
25p to 240p
- a fall of more than 10 per cent - while Mitchells & Butlers declined 10.