- Carnival 2,267.00 0.00
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- Imi 1,359.00 0.00
- Polymetal Int 669.00 0.00
- Vodafone Grp. 199.90 0.00
- Wolseley 3,483.00 0.00
IP Group portfolio remains stable
Thursday, 3rd November 2011
IP Group's portfolio has remained stable since the end of June despite volatility in financial markets.The group - which develops intellectual property-based businesses - said its financial position remains strong, with cash resources of £67m and no borrowings.
And it says that it continues to increase its rate of capital deployment into its most promising technology companies. The group said it had invested a total of £7.9m so far this year which exceeds the £6.9m invested during the whole of 2010.
And it says it has identified a number of further opportunities which are currently expected to complete during the next three to six months
At 8:45am: (LON:IPO) IP2IPO Group share price was -0.5p at 71.5p
Story provided by StockMarketWire.com
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