Member Info for Buda_

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

The company is crushing itself just fine... no need for outside assistance.

Raises hand..

If Italy is such a ponderous regulatory landscape, and, a you claim, the finance market largely unreceptive to novel ideas, then why did our regulatory expert decide Italy was a good place to start with his disruptive concept, despite listing the company on a UK stock market?

and while you're on TGTD, let me get this straight.. the early investors failed to 'do their research' and that's why they are down 99.999%?

If true, they're doing you a favour..

You're right apart from the last point..

"AZ starts over with a private company and the IM’ s start rolling in."

norra chance. If this had any commercial viability whatsoever it would be either making money or been swallowed whole by a proper financial institution.

But it's very much an Alternative Investment....supply your own punchline

And where's the lying toad that claimed to work in Syme's office in London?

Even the annual report acknowledges there is no centralized place of work, and that all 'staff' are remote*

*i.e. sitting at their kitchen tables in interminable zoom meetings with AZ

Give up, please.

And? It's been cancelled by the hosts, it has nothing to do with the TG fantasists.