Member Info for Rocky500

Stick with and push the IPO as it is worth it. RTO is the cream but as you all know not all Christmas cakes have cream on top.

I'm of the belief the relist is Jan at the earliest as there are some hurdles to cross (UK o&G agency ratification being the largest) which increases the relevance of the IPO and decreases the RTO after. The target asset is worth it I believe and the empty shell is a challenge but virtue to be cashed in on but simply as that. To expect us to see a flip in 3 months from IPO to RTO is a bridge too far imo...

I'm with G-man in that I think i3 is the big prize and spinning out the empty shell is a bonus. I have a reasonable idea what the target is and if they pull it off the time between IPO of i3 and if we reinvested the funds (via the board) to a rolled over RTO there is a good chance our investment would be worth more having stuck with i3. The empty shell is valuable as it is so could provide a nice bonus later on but for me the risk associated with cashing in the proceeds of the IPO, spending some of that on the RTO means what we actually realise 2-3 months after i3 is worth materially less than splitting the two. Personally I would rather be divi'd the shares in i3 for me to play with and the empty shell be sold off for its intrinsic value to a company looking to list the easy way. I've been in GWIK for too long to accept the accumulator odds when the first score can pay greater than the long odds. I also believe (as a significant holder in GWIK) this is the consensus amongst the committed.

In this sentence alone you cannot draw conclusions but when you exclude the noise there are some compelling signals to the calibre and opportunity GWIK have afforded themselves. I believe a package is close, perhaps to the extent macro and geo events are the biggest threat to a conclusion. Recent comms has been from an over protective nomad armed with a gag I think as ultimately we are dealing with a shell and talent - technically limited to cash plus small premium so where we are certainly keeps the authorities happy. No guarantees but after having posed very pertinent questions to relevant people these past few months I don't think we are at a sharp end of a con...we will see this side of Christmas I hope for happy new year.