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Ruane buys up Echo shares

AFTER successfully rolling the board of Echo Resources last month, new director Michael Ruane has upped his stake in the company, dropping half a million dollars on shares on Friday.

Kristie Batten
Ruane buys up Echo shares

Ruane purchased 3.8 million shares for $A500,000, increasing his stake from 11% to 12.76%. The bulk of that stake is held through his company Kesli Chemicals. Fellow director Anthony McIntosh paid...

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