Ruane again targets Echo

THE latest chapter in the long running board saga at Echo Resources could be the last one, with the suggestion being Michael Ruane could finally wrest control of the company from incumbent Ernst Kohler.

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Ruane is understood to hold about 9.96% of Echo, and has lodged 203D and 249D notices with Echo.

As is typically the case with the information vacuum that is Echo, no other details were forthcoming.