RE: Movement3 Jul 2025 22:17
Jimmy the more I read, the more I’m drawn to that conclusion too. CHP have an large investment inventory and it would take a while to just get rid of them all to become a RTO vehicle and why would they do that if their investment policy is into the financial sector. They have other assets such as Weshop and a very large holding in ingraine.
Amgo has a ball point pen, a couple of staff hanging on and a stock market listing that is looking for a RTO involving SME ( the same as AlbaCo)
This of course may be just speculation but why has AMGO just been delisted if there is a possibility of using it for something else. As long as BYC is not mentioned then I feel a small fundraising is ok to keep the clock ticking for a while longer. However if AlbaCo staff are ready to go, then where could they possibly find a RTO vehicle to gain much needed investment for the new bank ….. here .
Not much confidence here it seems at the moment but my scales have been up and down with here and CHP or a blank IPO when in fact the most obvious thing to do is just RTO here which will just be a blank canvas with no assets or investments to sell off first ..
Eyes and ears open for any clues . But head of he being appointed at AlbaCo is certainly one for sure that something is happening real quickly now.. in fact imminently 😂