Strategic Investor26 Sep 2024 11:21
"Upland Resources Limited (LSE: UPL), is pleased to announce that one of its strategic Malaysian investors, K Meranun, has approached the company to participate in an equity subscription at 1.4 pence for 42,857,142 new ordinary shares in aggregate. This being a 12% premium to the closing price on Friday 6th September."
Why would he do that if this was a dead duck. I think is pretty obvious what happens here... I'm a buyer