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Eros - Reschedules NYSE float date

June 2012

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • EROS
  • Price:
  • 258p
A see-saw month for the shares, up from 250p to over 300p and then back down again. The transfer of the shares to the NYSE didn't take place as had been scheduled. Instead, Eros said the new listing timetable is to be announced sometime after it reports its full year results to 31 March, as these full year numbers are now to be included within the prospectus. Await developments. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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