RE: rto3 Dec 2019 22:50
Does a RTO into a non trading company, albeit a former subsidiary but now privately owned, count as a transaction to satisfy AIM rule 15 ?
Sounds a little complicated and with no benefit to Bou shareholders other than to preserve the listing
If the rto target then buys a private company and offers a placing I can see how it might work, but surely this was all planned and managed before Mr Glogowski bought his initial 21% stake in PSL
Any thoughts as to how this might pan out?