By Sonya Rabbitte, 14 May 2002 10:35
NEWS Baltimore shares slumped again this morning after jumping 20 per cent yesterday following assurances from the company that it had enough money to see it through to 2003.
Shares were down 2.78 per cent at 8.94p by 10:20(BST). They closed yesterday at 9.25p, with four million changing hands, after Baltimore chairman Peter Morgan made the positive announcement at the company's AGM.
Morgan said the company is making good progress with its restructuring programme, and it is aiming for pro forma profitability by next year.
For related news, see:
Baltimore bails out of Oz
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