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Main Highlights ;
Casa Radio within newCO.
New Co worth £23 million minimum . Dilution will be Involved .
Cash of £1 million in advance by Acquirer
Cash in Hand of £5 million .
This business should be up and running by May 2022 .
If It follows the timeline of usual reverse takeovers .
Whether dealing will precede this on the london market , Is a guess .
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When is it likely to return
Now we have been treated to an English translation .
Thankyou Hevron ( Better late than never ).
Once Bondholders have signed up
The blue sky ahead is in reach.
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Almost 4zt today = 1/3 of possible deal price
OR around the £5 mark in UK terms .
Will trading resume soon , post bondholders concorde one expects so .
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150.00Bid: 100.00 Ask: 200.00 Change: 75.00 (100.00%)
Noticeably we are not TOP of the Leaderboard today .
Soon be well above £2
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Not yet .
Patience.
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Is it back on the market? And can we trade on it
One more hurdle to negotiate .
Then It`s full steam ahead for New Co .
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From what I can ascertain .
Google being a suspect (at best ) translator .
Good tidings are in the pipeline and Hevron are in Pole position .
Apologies to Our Friends in Warsaw .
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Very disappointing that Our Jewish ? Dutch friends seem to have been unwilling to translate the offer document .
Maybe this will be rectified later .
One hopes one of Our BOD would notice such erroneous behaviour .
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Disappointing . Hevron & Plaza BOD ............................................
No translation available yet .
Onto Bondholders to approve the next step .
More waiting .
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zl3.00 would be a nice start for next week`s shenanigans .
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Shareholders ALL
zl3.35. After today`s heights above 4zt .
Still the uptrend is in tact , a fact .
Time to react.
Post Nov 12 +
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zl3.90 and UP she soars .
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zl3.50 WOW .
Roll on November 12 .
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3.4zl looks likely to be today`s sp .
Excellent for Nov 12 .
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Of course , still trading in Warsaw zl2.50 ............. 9 being the top. (Up to 3zl NOW)
& Tel Aviv ILA 130.10. ,,,,,,,,,,,,,,, 300 being the top .
The wait for Hevron continues.
Yippee
Of course , still trading in Warsaw zl2.50 ............. 9 being the top
& Tel Aviv ILA 130.10. ,,,,,,,,,,,,,,, 300 being the top .
The wait for Hevron continues.
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After Nov 12 the re-rate will be fun
Just held above 2.5 ish zl .
3 weeks to wait .
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Nov 12 , next news .
Seems Hevron has the BOD vote .
Should be a very very very Interesting new Year .
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A totally new co ahead .
Hopefully .
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What is expected news wise ?
One step closer ,perhaps tomorrow or early next week.
New Co could be fascinating reading .
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As of June 30, 2021, the Group's outstanding obligation to bondholders (including accrued interests) are app. €105.1 million.
Thus £80 million for 12% of New Co .
Makes a new possible valuation of £600 million .
Not the current £8-36 million.
Dreams and schemes .
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Flitting between £8 & £36 million MCAP on all exchanges at present .
Where will It re-open and when .
Should be by October`s end , we get Our enhancements.
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