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AGM 1:30, guess it will be short and should have an RNS by 4:30 pm. It’ll have to say something re lifting suspension (reason for delay), just hope hedoesn’t mention the cusp!

Oak

Agree, always thought a fund raise was keeping the share price down. Hopefully share price will rise when Revb relists without any raise.

"Matters to us Pi’s as RevB relisting means no chance of a fund raise in BOO or a RevB ? We know this from last Fridays RNS"

Do we know who bought the 7% Citadel sold on 20 June or are we waiting for an RNS? Think MA bought 5% day before on 19th June so guess some went to him, plus some from Norge. Sorry if its already been posted, haven’t had time to read old posts. Thanks.

T4G, thanks.

“It doesn't seem to me as if much value from a revb acquisition is currently built into the sp here.” I agree, in fact I thought it had priced in a possible placement to take them over!

“ …. the Revb sp rises and strengthens the BOO balance sheet”. This is why I’m wondering whether Boo would get a bounce when Revb relist. The share price has been held at 34p for sometime now and I’m thinking of averaging down one last time!

As far as Revb is concerned, I can’t wait for it to relist - at least I’ll have a choice to sell or hold!

How will it affect Boo share price if Revb comes out of suspension this week? Revb will undoubtedly rise increasing the value of Boo’s investment. Boo should bounce, but could it be seen negatively, ie they have less chance of acquiring Revb cheap?

Oak

Re your post below, how do you think Boo will do without Revb, ie just as "a supportive stakeholder and long-term partner" based on their current holding (know they will increase if it starts trading). My gut feeling is it will start trading sometime next week without a cash raise (know what you said about Aim rules etc). Bob has said several times it’s on “the cusp” and I don’t think he would say this if it wasn’t true. Thanks.

“Personal view, BOO do £2B next year at 6% EBITDA which is doable, includes Rev B and let’s say maintenance is £20M as a figure and use part of the £100M to square debt - we have no net debt today but we may end up year end with a £figure and we pay off 2024

BOO then churns the cash, problem for the BOD at £NAV level today, smart operators like MA can see same and can build a stake today on the cheap and if leaves BOO exposed for a cheeky bid”

MiddleEastMoney

You’ve has been right so far, hopefully we’ll be trading next week.

“Excellent news, my guess is another RNS later today or Monday latest to announce Trading to resume early next week. A very reassuring RNS Trading update, the Banks must be happy at the turnaround. Monitor for another RNS😎”

MiddleEastMoney

Haha! I was assuming that “Something left field might be inbound next week….” meant that any notification re trading wouldn’t happen this week. “plenty of time for an RNS or maybe two”, any news/updates from the company would be good. Your posts seem to give me a bit of hope it will all be ok! Thanks.

MiddleEastMoney

“Something left field might be inbound next week….” Thanks.

“I think we will have notification by Friday, re Trading.” Assume this won’t happen tomorrow now?

Any news from the AGM. Sorry if posted, haven’t got time to read posts now.

Can’t vote through my Halifax Sharedealing account. Have tabs for Corporate Actions/Notifications but nothing showing for Revb under “optional events”.

T4G

“Yep Eleva sticking out more and more like a sore thumb”

Wonder what their reason is

Oak and Wolf

Thanks very much for all that work. Just read HereHopin and Hosai’s posts on Revb board tonight. A lot to take in after a couple of glasses of wine! I guess all will be revealed fairly soon.

Hi Oak

It looks like Boo knew that suspension was about to be lifted and called a general meeting to remove Bob/the others to stop it happening and make their move for the company.

Surely Minto/Allsworth would want the shares back trading asap.

Rockhopper1

How do you do that - send your vote to AGM if your shares are in a nominee account? My shares are with Halifax Sharedealing. Thanks.

Oakhurst1

Thanks Oak. Seems you were right regarding Boo’s intentions for Revb, so far.

Revb RNS today indicated potentially relisting “ within days” (no mention of raising any money). Why would Revb put that in an RNS if they weren’t very close to being relisted?

As a Revb shareholder, I’m very unhappy how they’re seemingly trying to “nick” the company. Have to see what happens from here. I’m hoping Bob will find a way to stop them..

Please carry on posting on this subject - as you say, people can use the filter bottom if they’re not interested.

MiddleEastMoney

I do hope you’re right. At least if it starts trading, we’ll get some money back. Please keep posting, thanks.

“I think we will have notification by Friday, re Trading.

Bob has many possible defences available to him, we as SH need to think like a CEO. “

MiddleEastMoney

Hope you’re right, and that it doesn’t involve Boo! Keep us updated, as much as you can. Thanks.

“All I can say is nothing is as it seems, expect another left field play soon.

Ultimately I expect all REVB SH will be VERY happy at the eventual ‘outcome’ “

Eleva Capital still 1.66% short, wonder when they will reduce. At least they’ve not added since the 14th!

Oakhurst1

As WolfofWarks and Hosai said:

“The FY2022 accounts show £21,017 net assets - these accounts were audited.”

Were your assumptions that “Rev B can’t come back to the market without a fund raise” and all that entails based on figures from 2021 accounts?

Thanks Oak.