World Fluids optimistic

WORLD Fluids (Holdings), whose shares have been suspended since November 8th, is hoping to have the shares relisted within two…

WORLD Fluids (Holdings), whose shares have been suspended since November 8th, is hoping to have the shares relisted within two weeks, following a proposed £250,000 capital injection from GFM International Investors.

GFM is injecting the cash into World Fluids in the form of convertible loan stock. In a statement, World Fluids (Holdings) said it is hoped that this subscription will be completed in two weeks and will meet the group's working capital requirements for the foreseeable future.