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And thats why BOO want these pair of losers in, so that they ruin the Company and take it over for even less than they have already paid for their shares.
BOO management are opportunist and they have already ruined their own Company. BH is way above these clowns.
Cant see BOO management change going through now that REVB have answered with possible actions against Minto. Its plain to see Minto has a grudge against BH for devaluing Medichem and being forced to resign. He alledgedly appears to have used BOO for revenge conditional in that He would be backing BOO with his voting power.
BOO obviously want this Company cheap, hence putting in their ex Management.
This is all sounding very corrupt and hope that REVB have a very good legal team to throw this out very quickly.
Obviously BH is the hurdle BOO want out so that they can get REVB as cheap as possible. Need Bob & Co to stay in their positions as long as possible. The joker in the pack are the 2 ex-founders who can do what they want with their shares. Alarm bells are starting to ring when they are both involved.
"finalisation of internal policy documentation". Thats the main one in my opinion as they have to prove to AIM that they are fully back in control of the Company and previous issues like dodgy loans and false profits cannot happen again. Capital working requirements can be sorted out later.
Poor Bob. Hero Yesterday & Villain Today. This co could have easily gone under and suspect it would have done if not for long suspension, or would have been bought out for pennies by BOO. This hasn`t happened and it is down to BH & crew.
Agree it is now pure frustration at being suspended for Months with no up-dates coming in, but Bob has already done the hard work and deserves more credit. Speculation on what is going to happen is not known, but I have faith in Bob, albiet I bought in very low and the outcome probably wont be welcomed by others.
Who`s safe hands ? Just havn`t a clue what is going on in the boardroom, but it will not be for any potential bidder to buy out the Co on the cheap. Not long to go now and We will all find out what`s going to happen. "This time next Year Rodney"
Regarding the relisting. We have to consider that the ex-founder members have a rather large share holding between them. What are they going to do with their shares ? A private deal would stink of corruption.
I believe that this is a big reason the re-listing is being delayed.
Strongly agree with You on that one. I was day trading and doing very well. Last buy was about an hour before it got suspended and wasn`t expecting it to happen so quick. Still holding quite a lot of shares though with average around 12p after profit deductions. This might turn out a massive win for Me when re-listed, so wont be selling too many when re-listed.
Final obstacle sorted now Tom has agreed to step down with immediate affect, so looks like Medichem valuation has been agreed. Looks like early June to resume trading again and hopefully a decent opening price for us long suffering punters.
Just as a bit of fun. What price do You expect the S.P. to FINISH at on 1st day of trading. My forecast is around 50~60 p.
I also believe that this long suspension has been of benefit. BOO bought in when bigger contracts wern`t in place and REVB has since expanded greatly. REVB is a different monster now, and worth a lot more than when BOO took their large stake for peanuts. Whats another few weeks wait ? Those that bought in low are going to be rewarded greatly and deserve it as they took the risks at the time of suspension.
So Revolution now in stock at Primark. Looks like they are going for the bottom price range cosmetics to take market share off other manufacturers. Kind of McDonalds marketing format, not the best, but cheapish, tasty and sells. Sure to make a reasonable profit margin as most young people buy the cheap stuff.
All I know is that the largest holders will accept what they believe is a good takeover price if BOO were to put in an offer. I`m sure that this will have been discussed between them in private. Would prefer to get re-listed and no quick offer proposed as the price will increase dramatically the longer it`s trading with new market capture. Can speculate what`s going to happen every day, but wont know until it`s re-listed. Be quite happy to hold shares for a few months.
Allsworth & Minto received 48,838.993 free shares each from IPO I believe. BOO bought 26% at around 19p off-market. If this is correct, then a deal could go through between them without any vote from others. Could easily be taken over early doors so us mug-punters dont benefit too much.