Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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NEW RNS out. Exciting times
200p would be like winning the lotto :)
80p is 80mil market cap
redwood worth around 200mil
so 200p depends on the ************** we get but think either way any investors here are going to do really well. i always have high expectations. think 10x is achievable and remember jr is the main holder in r8/mode so he benefits the most
Canβt buy a bean this morning. ;)
G-r8 news to wake upto on a Monday. Happy to be a holder here, and looking forward to being part of the journey from day 1. With it being a temporary suspension, a lot of the legal work would have been bubbling away for the last few months so hopefully not to long to wait to hear our investment & growth plans.
Can anyone estimate a possible share price ?
Redwood bank is valued at around 200mil so i think and holders are going to do REALLY WELL
I can't help but think anyone that's currently in is likely to do very well from this deal. Banks are making good profits due to interest rates and that should continue for a while yet. Let's hope they push it through pronto. I'd think from the various recent appointments things are churning in the background already. Be interesting to see what transpires that's for sure. Gl all
Bill, that's what I thought too. The suspension notice for ROCK reads:
ROCKFIRE RESOURCES PLC
At the request of the company, trading on AIM for the under-mentioned securities has been temporarily suspended from 15/09/2023 7:30am, pending an announcement and publication of an admission document.
R8's suspension RNS has appeared at 7.30, but no mention of an announcement:
TEMPORARY SUSPENSION
R8 Capital Investments plc
The Financial Conduct Authority ("the FCA") temporarily suspends the securities set out below from the Official List effective from 02/10/2023 07:30 at the request of the company:
Suspension been announced !
Looks like you called it...
I'm guessing it'll be a 7.30 rns stating suspension pending an announcement or along those lines.
Thanks Djm - Chat on ROCK board is interesting. I see people there talking about 3-6 months suspension while a RTO is approved. I had assumed there'd be a purdah period, but lots of RNS updates and activity going on even during suspension.
I haven't from start to finish but I'm also in rockfire that is currently in the rto process
Exciting news. Does anyone on the board have experience of seeing a reverse take over on one of the shares they held? What's the likely process / timescale?
Be suspended tomorrow so no big deal
Very sensitive news to be reported by a news channel. Will the LSE approve?
Gla
I was just about to say the same djm. Still, glad I'm in
Shares are likely to be suspended while the deal completes gla
Redwood valued at 120mil 3 years ago.. π
https://www.whatdotheyknow.com/request/valuation_of_redwood_bank
It looks real to me. Fantastic news. GLA
Confirms what the sensible here put together even though we were mocked!! Well done all true holders and this is just the start of a epic journey!! π
2 million market cap for a challenger bank π¦ π π€£ r8/mode holder main holders EPIC !! π°
News tomorrow then possibly!?
Gla
I think this is the news that many have been waiting for!