RE: Supposedly27 Aug 2024 16:33
Yes, a bit of a weir one....I'm not arguing that it means they have all their documents ready. But it doesn't read 100% that way: After months of hard work, our IPO preparations for the London Stock Exchange's main list have been finalized....
It might mean their side is ready, but it doesn't mean TRAF's side is ready or that final negotiations have been done. It might be that both parties are ready but they are just awaiting final approval from the authorities...remember it's holiday season and things are all slow at present.
Coming back to my message below. Don't think there is anything wrong, these things just take longer than expected. And it will happen as soon as everything is in place. What we end up getting out of it is something totally different.