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Very good news, good progress is being made.
Excellent news a strong set of results by Redwood.
Looking good news starting to build now
Again good news đź‘Ź not long to see how this plays out. The one thing we know is redwood bank is successful and growing, we just don't know terms of the rto. Hopefully they are rewarding since alot have been here from 55p and alot of money was invested, averages will be high for most.
“Gary said: “The planned reverse takeover will allow the Bank to grow the balance sheet significantly without proportionately increasing costs, and enable us to deliver enhanced stakeholder value.
“Supporting the successful completion of the reverse takeover is currently an area of key focus for us and we hope it will be finalised in Q3.”
Jonathan Rowland, Chairman and shareholder of RFPL and R8, said: “I am delighted to see such a strong set of results for the Bank, and the reverse takeover will provide a fantastic opportunity to launch an exciting new chapter in the Bank’s future development.”
Https://www.finextra.com/pressarticle/100701/redwood-bank-doubles-profit/wholesale
“A multi-award-winning specialist business bank, Redwood Bank doubles profit before tax just months before it expects to complete a reverse takeover to go public.”
:)
What's mandrake got to do with anything here ?
What's mandrake got to do with anything here ?
:)
Should here something before the 115 surely but with mode/r8 you never know
mandrake why are you thinking thats going to explode
Not more waiting.
I'm hoping Mandrake Resources does not explode in price before this as the money will be going straight out of R8 and into there.
Choo choo
“ The parties now believe that completion of the Transaction will be on or around 31 August 2024. The extended timeframe is largely to accommodate certain aspects of the Transaction”
Yes hopefully the wait is worth it!
Thought new deadline was end August now which is 4 months away ?
Been such a slow painful wait
Deadline date
Why eight weeks ? Out if interest
8 Weeks to go or less before we know what's happening here I will be counting them down,quite excited everything going well so far
In the market's dance, a pause, a hush,
Awaiting fortunes in the rush,
A share, once lively, now confined,
In suspension, time entwined.
Each tick of clock, a restless beat,
As hopes and fears in hearts compete,
For when the news will break its chains,
And set the stock free from its strains.
In whispers, rumors, tales are spun,
Of what will rise when trading's done,
But patience wears a heavy cloak,
As waiting on the stock exchange, we soak.
The charts, they flicker, tease and sway,
In anticipation's soft ballet,
While traders linger, nerves alight,
For the unsuspend, the pivotal flight.
Oh, to glimpse that golden light,
When trading resumes, in fervent might,
For in the dance of stocks, we find,
The symphony of heart and mind.
So here we wait, in hopeful stance,
For the unsuspend, the second chance,
In the whirlwind of the market's play,
We'll find our fortunes come what may.
Yes this been planned and cant wait until we know how this is going to play out
Wonder why JR has kept the 4 other companies linked to mode still going, one had the license other bitcoin/digital wallet etc
But don’t think it means anything… just one of JR’s address contacts
Registered office address changed from Finsgate 5-7 Cranwood Street London EC1V 9EE United Kingdom to 2 Leman Street London E1W 9US on 10 April 2024
Well done, good thing is all news about redwood is positive news these days so that's a little bonus
You could be right Revolut might be worth $25b and have trouble getting a banking license so what they be prepared to pay to get there hands on one linked to the bitcoin market ????imagine the dominance with in todays current market all things related bitcoin???