This from Malcy's blog of today:
Range Resources
Range has returned with a bang and having been suspended for so long investors will be mighty relieved to even have a quote, something altogether no certainty in recent months. Sibo has subscribed £5.2m so 650m of new shares will be issued at £0.008 giving them 11.3% of the issued share capital. There will be another $12-27m invested by the end of August and the Lind facility will be repaid, the board have invested $300,000….
I intend to watch this space for a little while in Range and whilst not sitting on the fence all I should probably say is that holding Range is not for the feint-hearted…
This from Malcy's blog of today: Range Resources Range has...
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