Manx-based Laxey Partners says it may still buy more shares in troubled Scottish football club Rangers.
Last week, the company became the largest shareholder in the Ibrox side after buying 3.3 million shares for £1.4 million.
Its shareholding is now 11.64 per cent of the company after the purchase last week, and means it now holds more than 7.5 million shares.
The hedge fund has a deal to buy more than 700,000 shares from the club’s former chief executive Charles Green in mid-December.
Ribbon cut on fully refurbished M&S store
Staff, the Island's Lieutenant Governor and a giant inflatable Percy Pig mark completion of store makeover
Inflation falls to 2.9 percent in March
Restaurant, food and education costs continue to rise
Is 'inter-generational home sharing' the solution to the loneliness epidemic and housing crisis?
Island businessman says he has found the answer
DfE provided more than £250,000 to MT to assist with below ground fibre installations
Minister says figure was to ensure premises deemed not commercially viable could be included in rollout
