Search results for #rqih
The buyer of Accredited has its Q1 results Friday, i wonder if they have any update on the aquisition from #RQIH 😉 From Circular : "completion of the initial investment period for Onex Partners V with the pending acquisition of two operating companies expected to close in 2024"
For those of you who have missed it please find below a link for the latest episode of #weekendmarkets with Steve from #BiztTech Media,Zak from #ZaksTradersCafe, and also poor old #TerryandJune. youtu.be/FzvNox6JBvA #PREM #BSE #TUN #ARCM #SEED #RQIH #AAL
#rqih 2021 Valued at over £500m. One year later,major shareholders want him out. This guy has ran the company into the ground. Why is he not gone? royalgazette.com/re-insurance/b…
#RQIH "This was 2 years ago & William Spiegel is still Director. Major shareholders have no confidence in the guy." Phoenix Asset Management Partners has called for William Spiegel, executive chairman of R&Q, to be removed as a director of the company.
#RQIH are the numbers going to look something like this: available net cash proceeds down, but more debt paid off, more collateral put up (which comes back over time), and increases in the transaction fees +the JV sale on top im probably completely wrong but numbers make me🤔
#RQIH If it’s as bad as the market prices it then why have 305m of the 375m shares In issue - 81.84% - held from £1-£1.50-just shy of £2 ? One or more has to have been selling at lows, there’s only 70m left to play with free float
#RQIH Spread very false, plus volume buys now wanting full ask or premiums. Still a huge gap if sale happens from cap to even lowest end Net.
#RQIH taking a position 👍 Oversold 💰💰💰
#rqih I think the problem here is somewhere expecting more cash from the sale. Results are due Monday & they are predicting losses.
#RQIH As I put in original Tweet, I really don’t have a clue. Really expected green today, given approvals by debt holders and regulators, but I’m clearly wrong.
#RQIH MM allowed me 200 quid at 2p reckon she bounces well later.
#RQIH The sale is still expected to close in Q2 2024. Discussions with regulators are ongoing, with some approvals already granted. Expected net proceeds from the sale are now between $65 million and $110 million. Current Mkt cap £10.5 million