RE: VALUATION29 Oct 2020 19:37
Found this interesting...
''RMS considers that the opportunity to acquire and unite the two shareholdings of P2F, a business operating in two vital sectors and on the brink of near term growth, will lead to significant enhancement of shareholder value for RMS shareholders''
The vendors of P2F are Braveheart Investment Group plc (51.72%) ("Braveheart") and Dr. Gareth Cave, the founder of P2F (48.28%) who will receive 310,354,815 and 289,645,185 Consideration Shares respectively (the "Vendors"). On completion of the Acquisition, Braveheart will hold 509,992,405 ordinary shares, representing 37.12% of the enlarged share capital of the Company. Dr. Gareth Cave will own 21.08% of the enlarged share capital of the Company.
The Vendors are presumed to be acting in concert and as they will own more than 50%, and Braveheart will own more than 30%,
so 80% of shares are held tightly. We are lucky to get in under 5p here. Considering, 20% hares will be held tight from here - and min float. This could be over 10p next week - all to play for here. Once you can get any (not easy), but if you do hold on to them for little while. Hope they don't open5p off the bat, and me and folks get a chance to grab some under 5p at least.