Veteran investors sells down stake in Teeling penny stock
Arkle Resources to begin drilling in Limerick at ‘largest undeveloped zinc deposit in Ireland’
Veteran English mining stock investors Paul and Michelle Johnson have sold down a chunk of John Teeling’s Arkle Resources, just after Teeling himself led a £250,000 fundraising in the company.
The Johnsons reduced their holding in the company from 11.12 per cent to 7.27 per cent, which would have earned them slightly more than £42,000 as the company’s share price hovered around 0.6 pence.
The company’s share price has since risen to a penny,...
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