Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Pumpky, only those with an agenda.
Best to just switch off from Revb for now, see how it pans out in a bit
Bit of a damp squib reaction to sp. I guess this shows how the market views BOO and their actions.
I for one have now sold, I had high hopes of Bob getting Revb to a £500mil or more mcap, now I’m going to take a step back and wait see who becomes the new ceo. All being well I’ll be back
I’m not sure on that, I could totally understand why a lot of organisations wouldn’t want any involvement with BOO tbf. And not too sure the banks would take kindly to being lied about in a plc public argument. At least BOO haven’t taken the ceo position, hopefully that’ll be enough
No mention of whether or not the banks will be supportive of this change, or their largest customers, which were big issues for me seen as the bod made such a big issue of it in their defence.
Just hoping that whoever takes over as CEO will be enough to keep things sweet on that front.
Gla
Hopefully all the traders gone for now
@Thehappychimp
What are your thoughts on the upcoming days?
🤣😆🤣
Nearly had a fit then, checked on vox markets winners/losers section and Revb is at the top with a 243% rise! Gutted when I logged back into HL 😆
Just managed to buy another 3201 shares on HL
Annoyingly HL not allowing me to buy any as still showing as in suspension ffs
Wow that rns was a real rollercoaster for me, what a relief it turned out the way it has in the end!
I’m feeling excited again about the prospects of Revb and my investment. Onwards and upwards!
Looking forward to suspension being lifted and seeing where we’re at after that. GLA and congratulations to all genuinely invested in Revb
Haha love it Silverlight.
But before you accuse me of similar, seen as we got off to a bad start earlier today, I’m not deramping Revb in the slightest here. Only good thing to say about Revb as a company!!
My concern is with BOO, can’t stand the company and don’t like what they are doing to Revb right now.
I’m still in disbelief tbh
Hosai, I tried to help earlier by giving two examples of companies where this has happened, Joules (JOUL) and In The Style group (ITS).
Both happened recently so very easy to research, Joules only the end of last year and In The Style in March 23, but still ongoing in liquidating the cash shell.
No one is saying that’s happening here for sure, but the point is it can and does happen, much easier than I ever realised.
It was only possible due to both companies simply running out of cash and not able to pay their bills.
That’s not the case with REVB at present thankfully, but the only reason I brought this up is because Bob made it clear that the lenders may not be supportive of BOO taking over, which then would put REVB in the same position as what JOUL and ITS were in.
Next did a deal with Joules founder to save the company, but wiped out the rest of shareholders, In The Style Group did a deal with its founder and sold the companies assets for £1.2mil (a company that has a turnover of around £60mil and had no debt!) basically leaving shareholders with almost nothing, well it will be nothing by the time the remaining directors have finished with it.
I’m sure there must be many other aim companies that have shafted shareholders in a similar way, but this was all new to me as I rarely deal with aim plc’s and now I know why
I am beginning to wonder if things aren’t as much of a done deal as I first thought with Boo’s hostile takeover.
Their RNS today seems a bit out of the blue and desperate, why quickly get the THG lady onboard? It’s almost like they’re not completely sure they have enough votes to see this through, so need to keep sweetening the offering to gain more votes from Revb investors.
Now I’ve got that in my mind it’s put it at ease a little.
Come on Bob, kick BOO into touch 💪🏻
Thanks Momajid, it’s good to see some on here are looking at things with a clear head.
Silverlight, you're a very sad person indeed.
I care to look back properly, instead of making things up, my first post on REVB bb was back on 23rd August 22!
I, like most on here want to protect our investments (albeit very little we can actually do in reality) so I just pointed out some points that I thought were very valid, as I do not think it's healthy for everyone to keep going on about lifting of suspension or multibagging since BOO's hostile approach, if it's not likely to happen.
I would love nothing more than to be wrong in this instance, as I had really big hopes for this investment
Silverlight, yes I bloody well am. And seem to be much more protective of REVB and my investment than you are.
Are you even invested Silverlight? Or just a paid to be on here?
All the way throughout I've been very positive, and still am where REVB's future as a business is concerned. But having seen how easy it is for a company to be robbed from shareholders by it's founders and big investors, Joules and ITS to name two off the top of my head in recent times, I'm very nervous that the same is happening here before our eyes and nothing we can do about it
Silverlight, I have posted many times on here throughout suspension. Check my posting history.
Not all of us feel the need to post on here daily, some of us have a life outside of LSE
Does anyone actually read these RNS’s properly?
There’s so much talk on here of getting this back trading again, but imo everyone’s missing the blatantly obvious hints that have been put into the last RNS that basically even though we were so close to being able to lift suspension, BOO have put pay to that.
Quotes from this last RNS that lead me to think we won’t be back trading anytime soon:
“The current directors are also confident that, in isolation from any adverse effects resulting from boohoo's recent disruptive actions, the suspension of trading in the Company's shares could potentially be lifted in a matter of days.”
“The Company will continue to work towards lifting the suspension of the Company's shares from trading on AIM and will keep shareholders updated on this progress. The Company will also make shareholders aware of any further implications of boohoo's actions that may impact this process or the ability of the Company's shares to trade on AIM.”
“The current directors believe that boohoo's actions create considerable risk to the prompt restoration of trading in the Company's shares and its stakeholder relationships, and appear calculated to destablise rather than support the business”
IMO Bob realises getting this back trading again is the worst thing that could happen right now. Not only would the sp be massively damaged by what BOO are doing (yes I know a lot of you are not of the same opinion on this as me) but it would allow BOO and their associates to buy up many more shares to secure their takeover.
I for one would prefer the share to stay suspended until, if at all possible, Bob comes up with a plan to protect Revb from being stolen from us
As Bob has already pointed out, revb’s lenders probably won’t be supportive of BOO BOD taking over, so it would soon lead to their debts being called upon. BOO would take the opportunity to put a vote to shareholders for the sale of REVB assets to BOO, in return BOO paying off REVB’s debt and leaving a little in the pot to distribute to revb shareholders when they liquidate the company.
All imo, but it’s smelling exactly the same as I don’t trust BOO one bit