with little free float I guess we would see a bit of a spike prior to any news as buying pre deal would happen I suspect..
would be nice if they could do a few deals to hedge their bets but guess they would look to rto the biggest first ?
Substantially larger !!
What size target will they be looking at ?
What if the target has already raised substantial funds itself and hence just wants a standard listing to raise the profile of the blockchain platform ?
just read a good article about blockchain in the car rental agency.
new airbnb type model launching where personal cars rented out whilst your car is sitting doing nothing, earning you an income for nothing and you can use your car at any time...
endless opportunities for guys clever enough...
I think the standard listing will be a big influence.
I'm sure they will be wanting to RTO a substantial entity into it, I think X10 on their initial targets which would get you up to the �30-�50m region.
AND if they have been offered multiple opportunities they may just decide to line up a sequence of deals if they dovetail into each other or have strong enough management to operate on a stand alone basis..
Exciting times.