Pretty good... more news to come... Will PH have to buy back anything that might have been forward sold? If they did of course, because I mean, who would do that?
The private company would effectively buy into the publicly traded company. I dont think it's 100% valuation whereby all of the assets of the private company become assets of us shareholders but more so a certain valuation. The shell company (PSL) not only saves on IPO costs but serves as a way of gaining access to a market faster and at less cost. The shell company will also have years of losses to offset gains against too.
If it is Couer Gold Holdings that is coming here, the asset valuation is quite healthy. There are some interesting loan notes filed on companies house too. Which is why I wouldnt let these go cheaply if you are in...
And there will be plenty that bought in much higher than you... Im only holding roughly 17 mil but should this go the way we want I'll not be wanting to let them go cheaply...
Honestly, nothing is safe. Just never over commit. Always take profits plus your original stake back. Sometimes better to do so before expectation of an outcome too if you go for any drill/pharma stocks...
Shouldn't really suggest other stocks on a board...
I'm in psl where there's an expected RTO - tomorrow may be the last day.
There's a few other stocks that interest me with updates possibly to come in Q2 but there are a risk... I3e, BCN, BAGR (not yet researched) and XSG (not yet researched) may be one for the future too.
Always DYOR though and don't buy in off hype on a BB or Twitter.
3 percent of the shares in issue isn't it?
So based off the current share volume that'd be 159,966,635 (it's actually 159,966,634.02 so rounded upwards.)