GPI: New shareholder, new lease on life?
Grand Parade Investments reports that GMB Liquidity Corporation, about which little is known, has snatched a 27.8% stake in the group
25 October 2022 - 20:47
Empowerment investment counter Grand Parade Investments (GPI) — which now holds mainly gaming assets — has seen a significant shift in its shareholder register that might point to a new lease on life.
On Tuesday, GPI reported that GMB Liquidity Corporation has snatched a commanding 27.8% stake in the group. This follows unusually high volumes traded in GPI stock last week, a development that spurred the share price from 275c to about 330c...
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