Rbg Holdings Share Price (RBGP)

Has anyone information ref. the latest RNS share purchase?

That's two large purchase's today! Must be positive news, I hope.

This can only be good news and a great time to top up. Looking forward now with no distractions and just getting on with the job to put value back into the business.

Good luck to the board and all the loyal share holders.

Convex sold at £13m loss.

Lionfish sold having incurred huge losses on just its first 4 cases.

Very large balance sheet write offs of WIP on historic contingent legal work.

The former management led by Nicola Foulston should hang their heads in shame. Appalling.

Tough medicine taken by new management team but didnt have any choice.

Like others have said - there might now be a take private/MBO of the remaining business. Could explain why Mr Ian Rosenblatt is stepping down from the board so quickly.

Bid Target? Where do you get that idea from? They haven't got this far to sell out and in a hostile TO the assets would all walk away. They are obviously throwing the baby out with bathwater this year when the results will be announced (end of April ish) and will start again from there. Depends if the market for legal services has picked as the trading update (18 Dec) suggested that Legal Servicees, esp Memery Crystal, were toughing it out in a slow second half of 2023. Good news is that with all the Foulston ideas now put to bed I am sure morale in the firm is soaring.

With the disposal of Convex this could be a bid target for someone. If not we have a simple legal services business with no distractions from paying down debt. It feels like good news, I hope the market sees it that way.