Wednesday 13 December 2017 ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Reach4Entertainment – placing largely as we expected, now excitingly poised

By Tom Winnifrith & Steve Moore | Wednesday 6 December 2017


Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. 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.


Having noted on a potential Reach4Entertainment (R4E) placing last week that we understand that there has been strong demand at 1.5p per share and that we’re looking at £5 million at least being raised, the company has now announced a, conditional on General Meeting approval, £5.5 million placing at 1.5p…


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