The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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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?
Given the market cap of R8 of circa £2.5m and the price of £50m suggested in the RNS.
The RNS also says the purchase will be a share capital swap I'd say it is impossible that we get between 10-20%, likely outcome is 5% after dilution.
A 20p re-entry would then value redwood at circa £450m, so no chance. I think if we're very luck we might see 5p but could even drop.
Crypto booming and i believe 2024 is going to be the year for +++++++++ in crypto
we have a crypto license
uk are making a crypto coin... wonder what bank with a crypto license will store them ...
Hi I was beginning to think I was on my own on here,this crypto license got to be worth some serious money if bit coin reaches 100,000 incorporated with the bank and especially what they specialize in got to be at least 20p on re-entry ?
How will that affect the share value we have in R8 ? if we get 20% value ?
I am thinking around 10-20% just a guess obviously would be rather gutted at less. anyone else want a guess? boring here otherwise
I would like to know that as well they will no that already I expect us investors will be the last to find out I expect,if they want to keep a happy ship right from the get go, they should inform us exactly what's going on so we can all get behind them
Wait.... would at least like to know the amount we are going to get in redwood then can start talking about redwood valuation etc
This could be shaping up to look very promising for the summer RTO. I don't think they are going to have any issues raising the capital (if things continue as they are), I just hope its doesn't dilute existing shareholders to nothing.
GLA
When time is a problem, Redwood has the solution.
While some projects require time, others require speed. Working with the team at (tag) Commercial Finance Partnership on this particular deal, time was of the essence
Long l9bg wait. Just forget and come back next summer to a nice wee hopeful decent size win. Be rather disappointed If it doesn't multi bag
Mr Redwood I would sure like to know which direction and your intentions are with the cryptocurrency license you hold,next July is a bloody long time to wait for us LTH investers please give us something to constamplate in the mean time
Redwood Bank’s partnership with @WarringtonRLFC is set to continue until 2024 after announcing its sponsorship earlier this year.
Really hope we are truly rewarded