RAI - $20m market cap, $45m offer for project.
Below was written up in the Aus Fin Review last week. Has yet to resume trade since re: cap raising. Looks like directors have filled their own boots and got an insto or two set.
Former Harrods owner shops for gas deal
29 FEBRUARY 2012 | SARAH THOMPSON AND ANTHONY MACDONALD
PRINT: 29 FEBRUARY 2012 | PAGE 18 | FORMER HARRODS OWNER CIRCLES RAISAMA
The Al-Fayed name is typically associated with upmarket UK department store Harrods, but there could soon be a link to Australian-listed oil and gas junior Raisama Limited. Street Talk understands that one of Mohammed Al-Fayed’s oil and gas vehicles has put a proposal to Raisama to buy its Cadlao oil project in the Philippines’ north-western Palawan Basin for $45 million.
RAI - $20m market cap, $45m offer for project.Below was written...
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