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Results: QFI

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Quadrise Fuels: Death postponed until October

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.


Heavy fuel oil alternative still has big potential for Quadrise

The recent low oil prices have not only affected companies producing the commodity, but also others which rely on prices being high in order for their own products to be competitive. AIM-listed Quadrise Fuels (QFI) offers a good alternative investment for anyone who is confident that oil prices will ultimately recover, but who is looking for something a bit different to the traditional earlier-stage oil and gas investments around.

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