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Thanks Dibs and Jmole , that does sound positive. I did see it as very much a gamble when suspension loomed and had mentally prepared myself for the worst. Fingers crossed it all drops into place. Would be nice for me to believe I made the right decision for once lol !!
Yes Hairykebab, Jmole is correct. Even if shares are cancelled our holdings would still be valid on readmission.
I’m a lot happier tonight than I was last night about this.
Greg answered this question today in an email, even if they don’t complete in the timeframe it will be a quick delist and relist and holdings would not be affected.
Appears really promising but what happens if it isn’t tied up within the existing timeframe and shares are cancelled ? Do we lose out or would we still be holders if/when they are readmitted? Could an extension be requested if binding terms are agreed ? Might find this out in future RNS so maybe jumping the gun a bit here.
Rgo has a significant investment in smarttech. Nick lee is a director at rgo too
Akers has a big chunk of rgo from the recent placing
I should imagine that makes this rto quite likely to happen imho
Undeniably this is a positive development. They are adding the caveat that the transactions success is not guaranteed- it’s non-binding as it stands. But the target company looks highly credible and, unlike one it two AIM cyber security plays I could mention, they are actually making money! And landing decent contracts.
Let’s hope this works out.
All about the capital raise......who is providing funding and price
I'm on a free ride here but equally more dilution = less potential upside.
I'd like to see 15p here one day soon
Worth waiting for, let's see how it work out the reverse takeover
Wow! They’ve entered a market worth £128 BILLION. They’ve also secured a company that’s making big waves with a £6 million contract and another deal with a firm that employs 100,000 people. Looks a smashing deal.
A tick in the box!!!
More shares to be issued but let’s hope the market views this favourably for us existing holders.
Fingers crossed all.
:-)
I thought we were dead & buried. This must be good news, mustn't it?
Interesting.....