UK 19:08 Tuesday, 6 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.
As I revealed a short while ago the Reabold Resources (RBD) offer for Union Jack Oil (UJO) has now been rejected by at least 23% of shareholders and the 25% blocking position will be reached next week.The deal is dead and that is why Reabold’s share price has slumped and will continue to collapse. A company facing a material uncertainty warning has now spaffed £600,000 on a dead in the water deal. And now I discover the ultimate kiss of death. Zak Mir writes:
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