Wogen gets a 41p share offer

METALS trader Wogen said yesterday it had received an &pound;18.6m approach from its executive directors and the company&rsquo;s co-founder, Colin Williams. <br /><br />An offer, if made, will be in cash and priced at 41p per share. <br /><br />In a separate statement, the specialty metals and minerals trader said it swung to a pre-tax loss of &pound;3m in the six months to end-March from a &pound;2.3m profit in the year-earlier period. It also scrapped its interim dividend. The Aim-listed company said &ldquo;volumes and trading remain low.&rdquo;