Ukrproduct share jump hides £58 turnover and debt-heavy balance sheet
Ukrproduct Group Ltd rose on Tuesday in London, but the move said more about the stock’s thin trade than about a clean shift in investor demand. At 16:02 BST, less than 30 minutes before the regular London close, Google Finance last showed the AIM-listed Ukrainian dairy and kvass producer at 6.73 pence, up 11.68%, with just 858 shares changing hands. That made the move look large on a screen and small in cash. At the displayed price, the reported volume was worth about 58 pounds. The 0.70p rise, applied to Google’s 39.67 million shares outstanding, equates to roughly 278,000 pounds of added paper market value. Google showed market value at 2.67 million pounds.