Member Info for Oiliest

Uhh guys I'm not clairvoyant but I had a dream last night and BOU shareholders did pretty well. We were awarded 30% share capital of a billion-dollar company.

No point trying to evaluate [company X] without knowing what it is.

If the actual RTO is going to take 5 more months we should certainly expect an informative update soon.

Won't be long now

Halloween news would be nice (my birthday). Spooky RNS wooooooo

We're all so starved of action here that anything is worthy of discussion.

Long story short: BOU (formerly PSL) is a shell company that has disposed of it's former business (and liabilities). It was listed for 6 months on AIM as a shell. The rules state that if an RTO (or cash raise of £6million) has not occurred inside six months then the share is TEMPORARILY suspended from trading. This means you can't buy or sell. The RTO hasn't happened yet - but we all expect it to happen this year. When RTO happens then the new company under a different name will be open for trading again.

You could have bought in a few weeks ago. We're all locked in here and sentiment is pretty good. When news drops about the RTO target there will be a lot of research happening. Stay tuned and if you like what develops then you can jump in when it relists.

In the meantime, read the RNSs and old forum posts to get up to speed.

Someone can correct me, but it's my understanding there needs to be an EGM first in order to obtain shareholders approval. I think an EGM needs to be announced a month in advance. I'm not going to spend my morning trawling through the rules of AIM to be sure though.

Perhaps RTO/relisting will coincide with a post-Brexit rally. BOU(renamed) might perform better a few months from now in potentially less choppy markets. Here's hoping.

Save the arguments for your girlfriends, fellas.

Gentlemen please.

Settle in folks. Funds are tied up for x amount of time.

Our ship is now at sea. It will either return to us in triumph with a bounteous cargo or it will find the oceans floor.

Yes Jace, exactly. Just an entry onto the market.

People here should take a look at the LSE chat for KIN Group last year:

https://www.lse.co.uk/ShareChat.asp?ShareTicker=kin

SP was 3p and they went on to become BIDSTACK via an RTO. Nine months later they had ten-bagged and the
SP touched 40p.

I think £10MM is not an unreasonable Mcap to hope for.

Truly the stock of choice for the discerning sage.

Ok my guess: RNS after close today, RTO will be East Asian biotech. Relist before Christmas. GLA

That gadget of hers is so unbelievably tacky and wasteful. Will just be a piece of plastic junk in the bin within a few years. Wouldn't want that in my house. Pitifully lame startup IMO. Solves a problem that doesn't exist.

BOU has nothing to do with that. I'm not worried one bit. Look how many people share that name (just on Facebook for example)

https://bit.ly/2o8S3hS

IMO speculating that there's a link is bad for the image of BOU

The "hey ho" doesn't belong to either of you. I invented the hey ho years ago. Get your own catchphrase.

Yeah might be suspended for a couple of months too. Still expecting a big update this week because once suspended, why not fill us all in? We're not going to get double-suspended.

http://bouldopportunities.com/significant-shareholders/ He's not listed on the bould website?