Reason it went up is due to extremely bullish update by finncap - ESV's broker
From offer document.
"finnCap Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser and joint broker to eServGlobal Limited"
Update is titled "IT’S NOW ‘WHEN’ NOT ‘IF’ FOR HOMESEND"
finnCap today reaffirms its corporate investment rating on eServGlobal Ltd (LON:ESG) and raised its price target to 20p (from 18p).
18p=30c
20p=34c
Can't access full report but there bits on London forums.
http://finncapresearch.mediasterling.com/Index?err=unauthorized
https://uk.advfn.com/stock-market/london/eservglobal-di-ESG/share-chat
- Forums
- ASX - By Stock
- WJA
- News: ESV Eservglobal announces accelerated non-renounceable entitlement offer and placement
News: ESV Eservglobal announces accelerated non-renounceable entitlement offer and placement, page-7
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)