Quadrise Fuels (QFI) announced a £2.16 million open offer at 2.4p on 7 December warning that unless it was supported the company would be crash landing in tits up alley in January. It extended the closing date by a week until last Friday and today revealed that “it was delighted” that it had raised gross proceeds of £1.51 million. Death has been postponed. But not for long.
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