The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Succession season finale has nothing on REVB AGM. LOL.
Well, that was a convoluted RNS. My main takeaway is that BOO did not get their way in the end, and this goes to round II. Glad to see Bob still in place.
Even back under Minto they always maintained that they would reject any kind of takeover offer and grow the company organically. So, it would make no sense to me for Minto, et al get into bed with Boohoo. Who knows what's going on behind the scenes at this point. As I said before, bit of a wild ride this one, but this is AIM after all.
I hardly think these movements are dramatic, what with the Macro stuff going on this week. Inflation cooling slower than expected, rate rises, etc. I'm just going to keep averaging in with an auto buy every month until I hit my desired allocation.
Does read very strangely, as if it is indeed a done deal.
Submitted my Proxy votes via HL. Urge everyone to do the same via whatever platform they're on. Boohoo can do one.
So this is the big question for everyone. When this resumes trading we're obviously in an 'interesting' position what with Boohoo hostile takeover, etc. Are you plans to hold long term, sell on a spike, buy on a dip? How do you see your investment in RevB going forward?
Me. I think I'll try and hold for gold. I have an average of 30p and a reasonably large holding. I wanted at least 60p to consider selling.
I honestly don't want to see a takeover at this juncture.
Good to see Bob and co come out swinging. I'll be voting against Boohoo. Relisting can't be far off now.
Agree, Silverlight, there doesn't seem to be anything material (that we know of) holding this back from relisting. I too hope Bob can fight off Boohoo. Would much rather see the company grow without their interference.
Starting to feel like an episode of Succession. LOL. Just as much drama and subterfuge.
I don't see that this has any bearing on re-listing at all. They just need to satisfy the criteria set out by AIM.
Agree SIlverlight, for once I really wish this was trading, we'd have seen some interesting SP action today.
Damn. That's a bold move. The drama far from over it would seem. Business needs stability, but BOO clearly not impressed.
Unsure how I feel about this, could have done without the additional drama tbh. Bob Holt seems a solid choice.
SP getting silly now, PE of 6. Thoughts?
Silverlight, this is the correct take.
We have nothing much to go on, except that their debt is reducing... so I'm unsure a raise is needed.
Ugh... I feel like I've been waiting for 'recovery' in the SP forever. Hopefully better times ahead with new leadership.
Agree. We want to be wary of becoming the ASOS chat board...
Agree that cost of borrowing likely to increase. These bonds always looked quite attractive to me. General knowledge question actually, can you buy in towards the end of the period (the bond coming up to maturity) and still get the pay out?
Strong vomiting camel pattern detected.