Those investors who were involved in the march 2006 placing at 1.25p may be wanting to get out, as this share has done nothing in nine months.
over 160M shares could be sold should the SP increase any further.
IMHO
RNS Number:0896B
Scotty Group PLC
06 April 2006
For release at 0700h, 6 April 2006
SCOTTY Group plc
PLACING OF NEW ORDINARY SHARES TO RAISE #2.0M & TRADING UPDATE
SCOTTY Group plc ("the Company") which designs, develops and supplies video
communications technology and products for the aviation, military and healthcare
sectors, today announces that HB-corporate has placed firm with clients
160,000,000 new Ordinary Shares of 1p each at 1.25p raising #2,000,000 before
expenses.
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