- Cash shell Tau Capital said it would return its cash balance to shareholders, and had raised additional capital to help it target reverse takeover opportunities.

The company said it would return about $1.2m to shareholders, equivalent to 2.42c per share.

It had also raised $150k from a share issue at 0.1c per share.

At 2:17pm: [LON:TAU] Tau Capital PLC share price was -0p at 0.02p

Story provided by