RE: TRAF + COR21 Jun 2025 15:42
The new rules for an RTO (Taking over a bigger company than yourselves - not AQ's) is the returning NEWCO (New name or not) has to have a value rating of over £30m, they will not be giving themselves away, so the Shell (cor) will have a value per share, the basis of the takeover, issue of new shares to target and or cash consideration, will make up the rest of that value, the Shell will not be £30m, the combined value of shell+target, will be over £30m.
Shell could end up £30m, only if the target worth many multiples...........
Most recent RTO 's the shell has been £1m to £5m MC going into the deal, that has then been used as the conversion factor for new share/cash consideration to the target company shareholders/BOD
One of those went into suspension at 3.5p , the conversion/new issues were done at 5p a share and on return, it roared to 35p a share, until some meat on the bones, its all GUESSWORK as to where we could end up. Fractions, Pence or £'s (additional share consolidation part of the deal/RTO) ......GLA
Main Market Shares rarely do the AIM wild west crazy , like on in a few years back , suspended for multi AQ's (not an RTO) suspended at 3.25p per share. Returned and kissed £3. 32p in 3 sessions before overheating...........
Most of my RTO's have done 500% to 10,000%, only a couple have , plink plink fizzled out on return (while suspended massive share issues within RTO) making it's market value and share base much higher in each case BUT that not a lot different sp to suspension after return..........GLA
Sign In
Follow the stocks
