UK 09:18 Wednesday, 7 October 2026
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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.
It has just been announced that Gate Ventures - the fraud booted off AIM after just four months earlier this year - has bought 14.5 million shares in Reach4Emtertainment (R4E) taking its stake to just above 3%. It could have been worse.
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Comments
David Russell
I’m not as educated as most of the readers on here but were did the 14.5 million shares come from.Lol
They have bought the holding in R4E far to easy unless we have had a big seller somewhere. 14.5 Million shares is a lot even with a extra 400 million placing shares. The placing at a penny makes you think someone took a quick profit.?