UK 10:01 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
Although the turnaround in Reach4Entertainment (R4E) has been a long time coming, it can be seen from the daily chart configuration in recent months that it has been brewing for quite some time.
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Comments
David Russell
That sounds great but have not got a clue what it meant.:) If we don’t get any more of the right news on this one in the next few weeks(Days) Zak it will drop back below the 1.5p. The right news we see us above 5p and then if they raise money below the 5p then to me they have very little confidence in the company and I’m out. Confidence should show in any fund raising by issuing at a premium to the current share price. Going to read up on the charting so I can get a better understanding when I read your articles.:)