Thursday, Oct 29, 2009
Those profits not "materialised" yet, then?
The Business Desk: Eatonfield raises £7.4m
"A PROPERTY company led by one of the stars of Channel 4's Secret Millionaire series has been forced to secure extra capital to avoid his company going into administration.Eatonfield chief executive Rob Lloyd, who appeared in the TV series earlier this year, has pumped £800,000 into the company as part of a share placing which raised £7.4m.The troubled Cheshire-based group has placed 147.2 million new shares at a price of 5p with existing and new investors.The investors include Mr Lloyd, executive chairman Paul Williams..."
Posted by mark wadsworth @ 10:43 AM (451 views) Add Comment
5 Comments
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1. drewster said...
Yet another property "investor" goes bust - a few months ago it was Chek Whyte, who also featured on Secret Millionaire.
2. jack c said...
When will Location, Location, Location be replaced with Liquidity, Liquidity, Liquidity?
Property isn't should a good bet when you can't readily get your money out !
3. timmy t said...
The phrase "throwing good money after bad" springs to mind!
4. crunchy said...
1. drewster
I think he has a french property company based in Paris that goes by the name of "Blanc Chek Ltd."
All good things come to an end I guess.
5. gone-to-colombia said...
The flip side of the smug coin