Member Info for GoldWish168

Discussions seems positive today as more research has been done.

there's really light shining now in this tunnel

God bless as all 🙏🙏🙏

Plasterer, , that article is really good and really positive, therefore there's not too much to worry about apart from making sure this RTO is successfully done.

again with the 70/30 split,

AM didn't come to wishbone for nothing, and to be honest he came in when wishbone Mcap was only around £1m

if the new company is worth £20m combined , then £6m is the worth for current wsbn mcap.

so with even 30% , AM has still added value for wishbone holders.

could have been more generous and done a 60/40 🤣

After so much money spent on red setter and mos creek,

the new valuation on those 2 assets should be worth £5m plus alone.

add on cash and assets from new company.

combine them both together and we will be very inemteresting to see what they are worth.

that's why Y11 guess of £20m is not too far off.

AI, you post was very good.

you can see with the RTO , we should be better off than 0.18p.

but I can assure you it will be way more than £5m .

now you can get excited and wait to see what AM private company brings.. imagine that company alone is valued at £20m ??

but anyway, stay positive all 🙏🙏🙏

Wishbone is not dead, this is classed as restructuring .

if this restructuring were not taking place, wishbone would have died slowly.

wishbone did not throw in the towel,

they are continuing their fight

we should all stay positive 🙏🙏

This RTO is actually good news.

There's no doubt there will be conflict of interest,

as we know its in favors of AM private Co 70/30

when 2 company mergers , a new valuation will be given to both companies Assets,

so it will be worth much much more than current valuation of less than £1m mcap.

I'm expecting this RTO to take between 6-12 months.

switch off and wait for the next news .

What happens to your shares when the company has been suspended?

In such circumstances, you remain a shareholder with all of the rights of a shareholder under company law, but you will be unable to execute or place any trades for the securities of the company in question.

Nevertheless, the suspended company must still comply with all listing rules applicable to it. This means that shareholders should continue to receive announcements on developments that require announcement under these rules, so you shouldn’t be left completely in the dark. In addition, once the circumstances leading to the suspension have been resolved or clarified sufficiently, then a notification to the market is immediately required.

Finally, when it comes to AIM, should the securities of any company be suspended for six months, the securities will be be cancelled from trading unless an extension has been granted.

Try and stay positive is only way forward.

Yes, on the AIM market in the UK, a company classified as a "cash shell" typically has a deadline of 24 months to complete a reverse takeover, meaning they must acquire another company to become operational, otherwise they may be required to delist from the market; this timeframe can be extended with shareholder approval in certain circumstance

AM was brought in to help take wishbone forward,

they raise cash at 0.20p for working capital,

AM directors of both companies ,

AM knows what he is doing

soon we will see what the HOT s is all about.

good luck to all Holders 🙏

I don't know if this will help,

Afentra did a reverse Take over back in October 2022 and they have gone up multiples.

assets also based in Africa.

maybe Africa is where to go nowadays.

Next stage is to wait for the HoTs agreement. it be interesting to see the new valuation of the New Co.

Y11 reckon £20m

me reckon £10m

Whilst the cash shell has a visible market value, your company does not. Therefore, one of the most important areas of the transaction will be agreeing a valuation for your company with the cash shell. As with most business transactions, some compromise may need to reached which satisfies both the cash shell and the private company. A Heads of Terms Agreement for the reverse takeover will be agreed between the cash shell company and your company paving the way for the transaction to proceed.

The cash shell company will seek approval from its shareholders for the acquisition of your company. Work will commence on preparing a re-admission document to be submitted to the stock market. Financial and legal due diligence tasks will be undertaken on your company. Once completed, a re-admission document is submitted to the relevant stock market and once approved, the transaction can be finalised and the new entity is formally listed on a stock market with relevant funding made available.

Shunt, being 90% down is very hard to pull back.

like I said , only low average holders has slim hope of breaking even or maybe make decent profit out of this RTO.

Aim never make any sense, the very moment you make a buy , everything is being controlled by the market makers, this drop the price, tied you up, hoping you would sell and move on.

it's crazy.

mugs game.

hard work and research means nothing.

tony moore director of both companies

70%for him if he gets this rto over the line.

i'm sure he's going to give it his best to succeed.

y11

you better clean your **** ready

How confident are you y11?

I be kissing your AR se if it does 10 x bag 🤣🤣😇🥳🥳🥳

I won't be posting nor reading until the after the final outcome of the head wrecking journey.

we all on the same boat so let's wish us all a bit of good luck.

Wishbone is dead

new company it is.

🙏

So you guys rather see this delist than an RTO ???

But I'm asking myself many times why would Antohny Moore come in for a few weeks and put his name on the line for being a con artist and not getting anything out of it.

a few week wages means nothing to him.

surely AM is after the RTO.

but if the RTO does go ahead, I am certain we as holders will get something out of this.

if THE RTO fails then WBSN would get delisted resulting in holders losing all .