Virgin Mobile 'could cut flotation price'

Virgin Mobile may be forced to cut its flotation price because of a lacklustre response from investors, it was reported today.

Virgin Mobile 'could cut flotation price'
Fri, 16 Jul, 2004 - 11:55

Virgin Mobile may be forced to cut its flotation price because of a lacklustre response from investors, it was reported today.

Earlier this month, the UK’s fifth largest mobile phone group put a range of 235p to 285p on its shares – due to begin conditional dealings on Wednesday.

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