RE: JP Jenkins Redx trading7 May 2024 13:37
I wont be selling until REDx relists on Nasdaq. I believe it will be an IPO of many multiples of today listed price of 16p not a cash raise in the normal sense of a listed company. IPO's tend to raise cash for the newly listed companies but it means existing shareholders get a payout as well, the ratio of money held back by the company varies from IPO to IPO, but with the $870 Million Jazz Pharma deal on the books, I think those of us brave enough to have held on past the delisting will be handsomely rewarded within the next 18 months. See you all over on the other side of the Pond. JMO GLA ADYOR!