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Tbf, I don't think it's in their control. It regulatory bodies that we're waiting on.
C'mon you guys. 3 more working days left to end of the month. Please don't come back with more delays
Of what exactly????
DISH are waiting on FCA approval
Ahh well maybe next week
Yeah, and also much lower. If it does actual trade again.
Is a possibility that this will open much higher than it closed? Thats if it happens
Why would they know? We're waiting on governmental procedures. There's no way of knowing accurately how long they'll take.
Before the end of Q1 they said... if they take it closer to the end of March to make an announcement, or better not be another delay. They should know by now if the transaction can be completed by end of Q1 or not.
I got this info from a helpful soul elsewhere:
Once FCA sign off prospectus and give green light to relist it should typically be around 2 weeks thereafter and no more than 4
Launch value is typically determined by info in prospectus and will look at financials of business if there are any of last couple of year and / or potential mkt opportunity of the business
Shares % allocation shud have already been announced at time of confirmation of rto target ie what % of the SPAC shareholding will make up the new rto target.
Still begs questions (like how long will the FCA take?) but some insight nonetheless. Anyway, we should find out soon.
Same! Anyone with good knowledge around this, your input would be amazing..?
.. all this goes according to plan and there's in indeed a successful RTO, can anyone please explain to me how it all works?
How long will it take after the initial announcement (forthcoming RNS) before shares are actually trading, and what's the procedure?
How is the initial share value arrived at?
How are shares allocated to existing DISH holders?
Please excuse my ignorance but I've not done this before.
Read the last few RNSs.
More likely the beginning than the end imo.
News promised first quarter, so four more weeks yet.
Any updates or thoughts on this share peeps ?
News likely be 2nd half o March I think
News must getting near now ! Gutted my £1k had been suspended for along time now ! I could have stuck it in HE1 and made a good amount ! I just hope that when the news is out it’s good and the wait will be very worthwhile for all invested ! Not like the spac that turn into HELD it’s been a nightmare for myself and slog of others from day one !
We live in hope !
Proposed rto before march 24, healthcare company in the philippines
No. The way I read it is that they've come up against regulatory hurdles that require legal processes and this will take time. Health sector seems to be like this. Biotech shares for example always encounter delays due to needing to comply with regulatory frameworks. I may be wrong in Amala's case of course... it might be something else.
They probably haven’t got prospectus ready. Could that be the reason?
That's disappointing. On the other hand, if you're one of those who invested in the original mining rto that flopped, it's just good to know that this is still alive. I hope it stays so.
2024 obviously
Just great. Kick the can down to end of Q1 2023.
Well, this is disconcerting. But my experience of these spac/rto type shares is that they are always unpredictable on timing. Something always comes up... slow legal processes, legal complexities, some due diligence issue that needs to be corrected... there's always something. So this delay isn't necessarily bad news, but yes, it's a bit squeaky bum.
"The Company expects to conclude matters shortly and will provide further updates to the market this month. '"
Or next month