What does dilution mean in RTO (reverse takeover) situations?20 Apr 2026 16:25
@ Delta:
Agreed. The only way out of this for PPP shareholders is to retain shareholder control of the company so that when the time comes it will be possible to have a material say on the RTO once all information has been provided (i.e. by the FCA-approved prospectus - of which even headline details of what would be RTOd into are still lacking more than 8 months after RMD appeared on the scene).
If it's so great - where are all the details? I must have missed them - they haven't been on the shareholder calls either.
Currently the board is being stacked against shareholder's best interests. Material issues are not being resolved, and communication is dire for the points that actually matter to the shareholders. Sure, it's like mana from heaven for PPP Board and RMD.
Thanks for the 2024 accounts - where are Tarkanyi and Lunns transactions in all this?
Thanks for the 2025 account s- where is the mention of Tarkanyi and Lunn failing to hand over all information to auditors?
Now we have the accounts, where's the readmission to trading?
Is the FCA aware readmission is being witheld for no legitimate reason?
Where the prospectus for the allotment?
Where's the prospectus for the RTO?
Where's at least some sort of value of estimate of the Ukraine field?
Where's the % ownership of the Ukraine license by the private company (1%)?
What is the actual valuation of the private company given the % ownership of the private company?
Why was there not a prospectus for this share allotement (both in december 2025 and upcoming AGM)? If a company aims to dilute more than 75% then a prospectus is requried - this is an FCA regulation in effect since the beginning of 2026. Prior to that it was 20%. So. Where is it? Why hasn't it been provided?
By shareholders not being provided with a prospectus (FCA-approved or otherwise) of either the current allotment dilution (114% as communicated by the PPP board), or the transaction, shareholders are unable to make an informed decision, and so opens the company up to legal challenges. However the question of this is is required to be presented NOW, before a vote (again) that could (again) open up 114% dilution (that's your SP divided by >2) where the majority of shares are being granted for a range of items. Again with no material information being presented by the company to the shareholders.
So the rhetoric and public manipulation which is alive and well on this board has one aim and one aim only: to hoodwink unresearched shareholders in voting away the company that they own. This post purely asks questions, no doubt some posters here will insult me, however it should be reposted again and again until we get answers.
Can anyone, and by that I mean anyone with braincells plural (I know I'm asking a lot on this board), square this circle please.
Oh, and I also want 20million shares for "Services".