Quarto ceo CK Lau continues to expand his investment in, and control of, the publisher. Regulatory paperwork indicates that Lau and the printing company he controls acquired another 1.12 million shares of Quarto stock earlier this month. His combined stake now equals 33.63 percent of all shares — up from 20 percent in February 2018 — and he paid the market price of 63.2 pence per share. Yes, that’s as cheap as it sounds; the company’s market cap is about £12.8 million (or a little over $16 million). That’s a third of where it reached in March 2018, and less […]
