Member Info for donnysmind

Anyone know what happened in today's general meeting?

Can you share a link to the original response please

Awful timing and hoping this isn't the start of a downward spiral. I really want to see this on the main market

RNS out!

Looks like a few buys today. Anyone know why?

It has been reported today - https://www.**********.co.uk/rns/announcement/46861bc4-c18f-42bb-9126-acce1e5b2fe9

I saw THG publish some good results today so hopefully some of those sales were through the MODE app and it translates to good user numbers for MODE

Thanks all, yes I agree.

Some thoughts on what might/could happen..

- RDGC completes the investment in target. Hopefully value is not as high as the £50m stated in the RNS.
- target acquires other franchises and increases in value between now and listing on Aquis
- target lists on Aquis in 2022
- value growth from RDGC investment to listing increases value of RDGC investment, and therefore, the shares in RDGC
- shares held by RDGC are distributed pro-rata to shareholders on target listing who now hold shares in the listed target

Using someone else's calculation, if the current value per RDGC share (being £1.7m/number of shares in issue) is £0.38, then the above scenario should help in increasing that at the point of listing (and when we can trade shares in the listed target). That is still below what many of us would have paid for them but at least there is a chance the value could increase.

Of course, of the investment in target doesn't happen, then I think we just get £0.38 per share held.

I may have this wrong, and this is all in my opinion. I am just trying to work out where we stand and what could happen.

What do you think?

I wish my exposure was £700. Hopefully the investment is based on a low valuation given the section and see some sort of growth next year. Although I still don't understand what happens to our investment if RDGC invest in the private company, delist, and the private company doesn't list next year. Any ideas?

Amazing competition up for grabs!

Anyone know how much cash this spac has?

This is fantastic news and I am enjoying the news flow do far

What happens if the deal doesn't seal and we don't invest?

Can anyone breakdown what this means for our investment and money?

... how they sprung the news of the option to acquire 80% of Gib Exchange? Took me by surprise for sure.

If they are working on that and other developments in the background, well, I'm excited

A hold for me.

Agree with you Africanskies.

Having this authority would give them some flexibility in structuring a new deal, and being able to move faster IMO. I think it's a positive step given where we are in the timetable.

This was my first SPAC investment so remain very optimistic.. I have to be! I backed this because of the leadership team and they are still there so, fingers crossed.

I do love it when a share goes a bit quiet.. it's quite exciting IMO!

Is there anyone with level 2 access that could shed light on the list of MMs interested? Are we seeing new MMs from the US yet?