Caledonian Holdings (CHP.L) pops on 11 November: price crosses key averages; no new RNS as AlbaCo deal continues to set the tone
Caledonian Holdings shares jumped 33% to 0.004p in London by 14:50 GMT, with no new regulatory filings. Traders cited momentum from recent AlbaCo share-swap news and last week’s admission of 12.5 billion new shares. The move coincided with a rally in UK stocks after jobs data fueled rate-cut hopes. Total CHP voting rights now stand at 115.8 billion.