Good morning, it’s Paul here. This report is earlier amp; shorter than Mon-Wed reports. That’s because I’m flying out to Malta at lunchtime, for a cheap, end of season break. Am taking my laptop with me, so I’ll write Friday’s report as usual, just from abroad. Estimated time of completion: 10 am. Update at 09:29 – today’s report is now finished. I managed to cover everything of interest, as there’s not much small caps trading/results news today. Agenda – it’s a quiet day for news, thank goodness; Carpetright (LON:CPR) – possible offer Foxtons (LON:FOXT) – trading statement Proactis Holdings (LON:PHD) – results . . Carpetright (LON:CPR) Share price: 9.12p (pre market open)No. shares: 303.8mMarket cap: £27.7m Refinancing, possible offer, and trading update This carpet retailer did a CVA, to dispose of its problem leases, and has been propped up financially for some time by its major shareholders Meditor European Master Fund. Without Meditor’s large financial support, Carpetright would have almost certainly gone bust. Note that Meditor bailed out the banks, by buying them out in Aug 2019. It’s obvious now that Meditor made a…
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