Belize City, Belize, 6 December 2011 - Shellshock Limited
(London-AIM: SHOK) ("Shellshock" or the "Company").
The Company was established in 2007 as a cash-shell
entity.
It continues to search for investment opportunities in line
with its stated strategy which includes possible investment
in either one or more quoted or unquoted businesses that may
have been set up by entrepreneurs with good strategic plans
and need financial backing and the support of the experienced
Shellshock management team.
Current economic and market conditions have made the search
challenging, but the Board is confident that suitable
investment opportunities will arise when market conditions
improve.
The Board notes that, as of the date of this announcement,
the shares of Shellshock trade on AIM at an approximate 20%
discount to the Company's net asset value.
The Company reports a net profit of
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-7.00% | 4.1B | |
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+8.85% | 3.14B | |
+10.70% | 2.8B |
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