RE: Re : Good buying18 Apr 2023 15:47
Unless they already have someone lined up to RTO, they won't be able to announce anything until the deal is struck, and they couldn't do that until they relisted. Whether or not they have anyone depends upon whether anyone has approached them who wants to float. I suppose it's possible that they've relisted because they've been approached. Or they've relisted because as an unlisted body, they are not a prospect for any company that wants to RTO.
The line of work of whatever company it is that wants to list via a RTO is completely unpredictable. It could be anything.
I cannot imagine how or why Ms Li has suddenly appeared. I can't imagine she was connected with the mining lot who were trying to conclude the Terra Rara deal. Unless the connection is with Bishop.... It's entirely my speculation but DISH operated in the Philippines and far east, where she operates. Maybe she saw an opportunity for a company and approached DISH and Bishop.
It's all unknowns at the moment. Everything. But it's positive in my view that this has happened and also strikes me as interesting that they've listed on 6 exchanges, including in China, to max out their appeal to companies looking to RTO.
We'll see. This will be the last SPAC i get involved in.