What's happening at Billam?

This life sciences (?) investment outfit seems to have stagnated at a handsome 0.28p.

Someone must know what's going on so let's hear from you.

30% up this morning

RNS Number:8059S
Billam PLC
03 December 2003

BILLAM PLC

POTENTIAL FLOTATION OF INVESTEE COMPANY

Billam announces that one of its investee companies, EiRx Therapeutics Limited,
is in advanced stages of floating on the Alternative Investment Market of the
London Stock Exchange and is hopeful of achieving this by the end of December
2003.

Billam holds approximately 36% of EiRx Therapeutics Limited's share capital. The
aggregate cost of this investment is currently valued in Billam's balance sheet
at 2.2 million.


Enquiries:
Billam PLC 0207 336 1300
Victor Beamish (Chairman)
Angus Forrest (Managing Director)



This information is provided by RNS
The company news service from the London Stock Exchange

END

whats happened to billam today,as its shot up to 26p,from less than a penny,what a rise,and is it going to have any impact on cyh?

ateeq: see post 28.

Good news : http://moneyam.uk-wire.com/cgi-bin/articles/200402270700098977V.html

Good News at last ! Lets hope the share price strengthens over the near term.
Any one into ERX ?
I got in @7.5p (x30k shares).. company is looking good.

100% rise this morning! Does any one know what is happening?

read the 23 March AGM statement

Thanks jeffmack I just picked up the news of the share changes.