Member Info for Buda_

VAST and CLON never, ever let you down...

It means nothing of the sort, as you well know.

I'll go 0.015; announced by end of week. bet against it, I dare you!

Let's stick to facts: the company is not shut down; the company still holds a crypto license. what happens next, wait for an RNS, anything else is worthless speculation.

Yes, and you would presume that as a wholly owned subsidiary of R8 the license will be transferred to the parent once that is done. Otherwise, why shut the company down?

It's there:

register.fca.org.uk/s/firm?id=0014G00002WMgzpQAD

You misspelled 'appalling'...

Off the website:

For all enquiries, please contact

info at r8plc.com

Oh I agree, there are a number of outright criminals running AIM and other small cap companies. Sadly, the chances of any of them being prosecuted are roughly zero..

"On or around" will soon be forgotten if the RTO happens at a price we're all happy with.. I'd say it's a flip of the coin, but it's been that since suspension if we're honest with ourselves. Best of luck to all..

You seem rather jaded, and you're also making very large assumptions. Can you back any of this up, other than the known fact that 'on or around' has passed?

I'm not writing this off until the end of the month, as that was the date (end Q3) given in the RFP accounts. We shall see. It's always darkest before the dawn..

I trust you'll be apologising for besmirching the man's character should this work out?*

*if indeed it does**

**if it doesn't besmirch away, and I'll join you

It's priced to go bust for a reason...

Sure, and I'm not expecting this to end well. But I would love to be proved wrong.

Out of interest, there is also a line or two in the RFP accounts about a payment of £1.4m to EY on behalf of R8; the bank would be liable to pay it only if R8 cannot, and the amount payable contingent upon the progress/completion of the RTO. The amount would be payable earlier if the RTO were aborted. So for those wondering why they would not announce it's not going ahead, if it's indeed not, then there's a possible explanation..

anyway, enough over thinking, I'm going out..

'On or around' is deliberately vague; what's the definition of 'around'? two days, two months? But as I posted last week, the notes to RFPL's last accounts state the transaction is expected to complete 'in q3'.. that's a bit more concrete than the RNS, so we might have to wait a few more weeks yet..

Most recent RTO loss was ITS, prior to that whatever it was that became CIZ, and also TILS (the legality of that one still amazes me) then a host of other complete dogs that suffer from delusional/mendacious/criminal management : CLON, VAST and of course the complete farce that is SYME…come on Mode, prove me wrong

Probably already been noted, but in the ‘23 accounts for RFPL ( the holding co that owns the bank), it states an expected completion of Q3 24…which runs till end Sept.

Getting twitchy now... and my track record with RTOs is not good... zero out of three coming good. On the positive side, the bank is still going, R8 is still going so we might be ok... guess we'll find out tomorrow or Monday.

Basically, yes. My average is around 1.8 so that or above is a win for me

Don't want to be the prophet of doom, but I'm still struggling to see where any of you are pulling these re-list price guesses. If we get our money back I would consider it a major win, and tbh I'm half expecting to be diluted to oblivion. Let's see what happens