The latest announcement is out from Mobile Tornado ( ($GB:MBT) ).
Mobile Tornado Group has entered an agreement with Holf Investments Limited to secure the payment and discharge of current and future financial obligations, totaling approximately £12.2 million, through a fixed and floating charge over its assets. This move replaces a previous charge with InTechnology Plc, effectively consolidating liabilities under Holf, which is significantly owned by Peter Wilkinson, a major shareholder.
More about Mobile Tornado
Mobile Tornado Group PLC is a leading provider of resource management mobile solutions catering to the enterprise market. The company focuses on offering mobile solutions to enhance resource management for businesses.
YTD Price Performance: 0.0%
Average Trading Volume: 144,385
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.15M
For a thorough assessment of MBT stock, go to TipRanks’ Stock Analysis page.
