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Updated: Reabold - £10 million discounted placing underway: source

Tom Winnifrith
Wednesday 5 September 2018

A reliable City source tells me that Reabold (RBD) spent much of yesterday attempting to get a £10 million fund raising away.  If this is the case it is going to have to be at a steep discount and the shares are trading down 9% at 0.75p-0.85p indicating something is afoot. I have contacted house broker Turner Pope giving it the chance to deny and…

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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