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Btc 36k and moving up more, surely another twist to this company restore crypto arm of the business
I hope that all LTH get their money back as if they do i can also retire :D
It will be interesting to see what their new business model will be. It could be the making of a diamond in the rough. Maybe they would have built solid foundations by summer with the potential of continuing growth.
We will have to wait and see, fingers crossed it works out.
Majority seem to think it will spike however no one knows the terms r8/mode will get in the rto to make a better guess
However if I was to guess a number I would say 10p I don't think Jr is going to shaft himself and mates that badly, also think r8/mode will get a bigger share of the pie than expected
Anyone who purchased around 2 p …..what is the opinion of LTH to how this might come out of suspension …..do we expect the 2 p to be easily achieved ?
Will be interesting, no idea of the outcome but excited to hopefully find out for the positive
Just think the crypto license going to worth a large amount to someone if not the redwood bank.The way bitcoin is going seems to be here to stay and incorporated in everyday shopping
Price spike , multi bag, crash no one knows could easily open at 10p as 1p or 2p
as you said its all down to the amount of equity being swapped.
for no reason at all i do think this will bag when opened
Crocqman. Completely agree with you.
Our investment is with Mode/ R8 and not Redwood. Why on earth would they issue updates on R8.
The update we've been given is it will complete on a forecast date. Only other updates expected are the amount of equity being swapped, a change to the date, the deal falling through or a board member leaving R8.
I currently own circa 0.5% of Mode and these updates mean nothing, where all adults that shouldn't need our hands holding. Also have much lower expectations of what this will do when the suspension is removed after dilution, actually think it may drop in price, never going to be the overnight multi bagger some are hoping for.
Not sure it really matters. Shares are suspended so nothing anyone can do anyway.
Whether we are told something now or all news is released on the day the shares relist makes no difference.
If you really want news then follow news for Redwood themselves
Totally dissagree with you anything that's positive relating to all things Redwood bank & R8 Capital Investments I and other share holders should be kept informed as much as they are allowed,when you have a condiderable amount of cash tied up it's only fair that we no what's going to happen not be kept in the dark for the next 6 months
Until the deal is done there is nothing to be kept in the lop with, Redwood are and will remain a separate entity until papers are executed.
Anything positive Redwood do now may add value to Redwood which may mean a greater equity swap and a worse deal for the existing shareholders. We're better off Redwood keeping positive news to themselves and the rest of the world in the dark.
Demolition123 I'm not sure what you call as a stitch up? People's comments on here bare no relation to the likely reality, fair will be that we get 2.25 on the open and anything above that would be a bonus. All the people saying this will be a multi bagger will be disappointed as the value of Redwood is probably only that which is being offered up as equity swap.
I think people need to remember getting out with 2.25 isn't a bad result as Mode had absolutely no liquidity, the RTO is the only thing which has stopped them from administration.
Thanks for sharing Korda things like that should be shared to us share holders I never even seen or heard anything about that,it might only be a small thing to them but us investors it's a big thing,it keeps us in the loop
Just annoying the patience we have to have, would love to hear the terms of the RTO
“ The proposed RTO is a huge opportunity for Redwood and will provide a platform to grow in the years ahead. I’m excited by what I can bring to that.”
Gary Wilkinson, co-founder and CEO of Redwood Bank, added: “John has joined us at a very important time and we are delighted to welcome him to the team. He is a strong leader and his experience will be invaluable as we enter the next exciting stage of the journey.” ”
Clearly happening behind the lines
https://www.mortgagesolutions.co.uk/news/2023/12/07/eastgate-joins-redwood-bank-as-chief-commercial-officer/
“ John Eastgate has been appointed chief commercial officer at Redwood Bank ahead of its proposed reverse takeover (RTO).
Eastgate, who joins Redwood Bank from the Nottingham, has over 30 years of experience in the banking sector. He was interim chief lending officer at the Nottingham. Before that, he was at Shawbrook Bank for nearly three years as managing director, property finance.
Eastgate has also held roles at OSB, Saffron Building Society and Barclays. ”
Me to I will absolutely fuming if we all get shafted I am just one of 10 in my syndicate that are invested in R8 Capital Investments formally Mode ,I can tell you now we will be camped outside his Redwood Bank if this is worked were the little investors are stitched up
Looks like Jonathan doesn't give a toss about shareholders stuck here awaiting some news on the likely outcome of their collective investments. I hope he's not busy feathering his own nest!
Asked father Christmas if he could speak to Johnathan Redwood to give the LTH some news?
The updates don't mean a thing if you can't buy or sell the share.
Funny feeling this will be the case
We need regular updates as share holders and I hope we arent just forgotten about then told last minute
Is that not if there is not progress i imagine we will get bits of updates sign offs before this date but will be then till full completion ?
My concern is more around getting delisted before the transaction is due to complete, assuming it does, next July. Isn't the rule of the LSE that a company will be delisted if a suspension lasts longer than 6 months?