Revolution Bars Share Discussion Threads

[tomboyb] 15/4/2024 20:48

Its very lucky to survive -

Just look at the balance sheet -

[seangwhite] 15/4/2024 20:43

Surely Edelman as Chairman is going to buy a fair of wad of these.

[useless23] 15/4/2024 14:43

MM's desperately need to sell stock and no one is buying

[abc125] 12/4/2024 11:20

wtf. 1.2 billion share placing???

[useless23] 12/4/2024 09:19

25% spread. Lol.

[seangwhite] 12/4/2024 08:31

Well I am really impressed that Edelman is putting £14.4k into this fairly risky business. It is hard to get a wise and shrewd businessman of his stature to part with such a very large sum.

[purplepelmets] 12/4/2024 08:25

Soon as i saw his name connected here i mentally wrote off this as a hopeless punt. I'd trust the dark lord himself more than this chancer

[albert35911] 11/4/2024 15:34

Bbm……aim gamblers-only if they believe you.

[puzzler2] 11/4/2024 11:55

Would that be the same Luke Johnson who was involved with CAKE (Patisserie Valerie) and who was so detached from the reality of that business that its failure has destroyed his credibility forever imo.

[boffster] 11/4/2024 11:50

I'd say this was at the upper end of what shareholders could have hoped for. I personally get the feeling that the worst has passed for hospitality and clearly some big investors think the same.

[bimbamboom] 11/4/2024 10:49

The crazy world of aim gamblers

[manual dexterity] 11/4/2024 10:09

They have done well to raise the equity and get some debt written off. Ultimately there was no real choice was there.

[jaknife] 11/4/2024 10:02

Can those who are negative articulate the negative view a little more clearly please?

What is it about the Restructuring Plan, that expects to ditch 18 unprofitable leases, that you think is bad?

Do you not agree that the newly restructured business is profitable on a pro-forma basis?

Do you not think that Luke Johnson's involvement adds credibility to the proposal?

[glavey] 11/4/2024 09:51

Presumably someone who doesn't go to Specsavers.

[bimbamboom] 11/4/2024 08:53

Who is paying over 1p for this

[useless23] 11/4/2024 08:29

You would need your head testing to pay anything more than 1p for this

[onjohn] 11/4/2024 07:43

Won’t touch if pizza boy cake fraud boy is involved here

[elsa7878] 10/4/2024 20:30

In light of the fact that we, as senior management, have been instrumental in driving this business to the edge, she have agreed to reduce our outrageous salaries and perks to x for x months....oh - that's not in the terms....
Told Danielle 2 years ago she was going to drive the business to the edge but the gravy train continued for them. Thankfully I had the sense to sell.
Remind me of the offer some years ago - was it 110p or 120p ...now 1p. And in the meantime the management have been actually been paid millions...Instituitional investors should be ashamed but couldn't care less.

[blackhorse23] 10/4/2024 20:04

Revolution Bars Group PlcProposed Restructuring Plan,Fundraising to raise up to £12.5 millionvia Firm Placing of up to 389,000,000 Ordinary SharesSubscription of up to 661,000,000 Ordinary Shares,Placing and Open Offer of up to 201,292,455 Ordinary Shares,Each at a price of 1.0 pence per Ordinary Share,

[blackhorse23] 10/4/2024 18:52

Liabilities & debt at dangerous levels

[puzzler2] 10/4/2024 18:15

After trading hours RNSs rarely impart good news - what a shambles.

[dafad] 10/4/2024 18:13

Launch of formal sale process

[dafad] 10/4/2024 18:11

Placing at 1p

[glavey] 09/4/2024 03:46

Slippery slope, far from level.

[thebd11] 08/4/2024 17:18

sky news reporting bailout done. Bets on levels?