Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Https://www.linkedin.com/posts/locke-lord-llp_locke-lord-london-team-advising-r8-capital-activity-7116106172213944320-B9DC/
"A Locke Lord team led by Sean Page (London) is advising fintech company R8 Capital Investments PLC in its proposed acquisition of Redwood Financial Partners Ltd., the parent company of specialist business lender Redwood Bank Ltd. The transaction is subject to the completion of due diligence and regulatory approvals. Additional assistance is being provided by Nicholas Jennings, Jake Chagoury and Charlotte Whitley-Roberts (all of London)."
Sean Page: https://www.lockelord.com/professionals/p/page-sean
Nicholas Jennings: https://www.lockelord.com/professionals/j/jennings-nicholas
Jake Chagoury: https://www.lockelord.com/professionals/c/chagoury-jake
Charlotte Whitley-Roberts: https://www.lockelord.com/professionals/w/whitley-roberts-charlotte
If they raise 20 million which I think they could do easily,any idea of what the share price would start at when this relist ?
"However, so much for doom and gloom; there is more than a glimmer of hope for the future. The LSE is hopeful that the challenger Bank, Redwood is set to go public after R8 Capital’s reverse takeover. It is hoping to raise about £20 million in the weeks to come. "
https://www.lbc.co.uk/opinion/views/londons-ipo-market-may-come-to-life-soon-david-buik/
Total number of shares after the recent fund raising please anyone?
Gla
Good thing its not AIM eh
Haha 10p or a quid.
It is more likely to be 1p given the fact the company and directors are AIM con men
As much as I hope we see 5 times of the current value I think we will be disappointed. Mode as a company is not worth much. Its unusual for directors to look after their share holders in this type of situation, they will be more concerned about future share holders. Best scenario 5p. Worst 1p. GLA
As i mentioned before, UKSPAC rto'd into hellenic dynamics. The suspended SP was like .23 and it came back at .18, and is now like .09
MODE/R8 is the vessel in which redwood will go public. Essentially mode/r8 have to buy out redwood, and then raise cash.
The mcap of mode/r8 may well return at £70m+, but, it will be at the expense of major dilution. The return for shareholders, imo, will be very underwhelming.
I am happy for examples of LTH 10-20 bagging from a shell performing an RTO (but i suspect you wont be able to find any)
I hope i am wrong, because i am down considerably from my mode investment, so i could do with a boost. But i dont think that the redwood rto is that boost
JR owns shares in redwood, surely, and therefore, that is "what is in it" for him. Not to realise a major return on his mode holding. Imo MODE is done, but for the shell that is now being exploited.
Again, i'd love to be wrong, and i'd love to be given examples of major successes from this position
Https://twitter.com/moneyroots1234/status/1709947666866794615?t=cE-skhWc1VeSKSnND3yXCA&s=19
What are you even talking about. Its done rto happening let's see the results all should do well from this price
Redwood's banking approach is simple. Its a small challenger bank that takes on higher risk for higher returns.
These banks have issues when liquidity dries up and the higher risk comes back to bite them.
I assume you know nothing about Redwood bank then ? good thing is no matter what anyone says it doesnt effect anything :)
Same as all challenger banks their balance sheets do not look pretty and in reality does not reflect their true liabilities, which is where they hide the risks that make them go pop (CRE, Bonds, leverage etc.....).
What's metro bank got to do with redwood bank ?
Metro Bank having issues, £70m market cap & Requires £600m to help its balance sheet. This could be the next government bailout.
It also goes back to, I wonder what comes as baggage with Redwood Bank.
When R8 comes to shareholders for more £'s are you going to increase your exposure before the RTO?
GLA
Enjoying your failure over at vela ?
redwood bank’s parent company, redwood financial partners ltd (rfpl) has signed heads of terms for the reverse takeover of r8 capital investments plc (r8), a company listed on the london stock exchange. r8 will acquire the entire issued share capital of rfpl by a share-for-**************, giving the shareholders in rfpl a majority holding in r8.
r8 intends to carry out contemporaneous new issue of capital which will be contributed to the bank as common equity tier one regulatory capital.
And when it goes kapput?
That will be 3 million shares
Redwood financial partners ltd private equity shares outstanding find out how many shares in existence and you'll know because the rto is reported to be share for share
Let's hope it's 50p then 😆
10p the my lovely lady can have a boob job. 20p she can get both done. 50p I'll get mine done.
Gla
Given where this has been for the best part of this year, I would have previously taken close to the current level just to cover my platform fees for a year or so, so anything over 3p I would consider a result. 5p and it's only a 75% hit. 10p I clear my non-ISA position and would sit and think hard on my ISA holding.
Not thinking anything over and above, as that would likely lead to disappointment, so 3p to 5p is my cautious target without further information.
gla
£1 and ill retire
If we get 20p I'm off so turkey for hair transplant