This company floated in May and has just put out a positive trading statement. The sp is rising nicely and it has promised a dividend with it's results. Despite this I cannot find any press comment or bb comment-anyone done any research on this one as it looks worth dipping a toe in to me?

See below - May help explain some of Thursday's price movement.

Interactive World PLC said majority shareholder David Sullivan has placed 5.31 mln shares at 75 pence each with institutional investors in response to 'significant excess demand'.

Sullivan now has beneficial interest in 19.27 mln shares or 49.95 pct in the AIM-listed company.