Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Yesterday afternoon, Regency Mines announced a £350,000 placement at 0.22p per share. Quite coincidentally I am sure, Regency’s share price had fallen steeply in the run up to this announcement...
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