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BIH Boston International Holdings Plc

0.60
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Boston Investors - BIH

Boston Investors - BIH

Share Name Share Symbol Market Stock Type
Boston International Holdings Plc BIH London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.60 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.60 0.60
more quote information »
Industry Sector
NONEQUITY INVESTMENT INSTRUMENTS

Top Investor Posts

Top Posts
Posted at 24/8/2021 20:20 by albert arthur
An update on how they are spending cash with the new BOD members compared with previous, update on Acquisition targets (FX sector other potentials) and a forward looking statement (How long cash will last). As per the last update, the BOD don't expect C19 to have a long term impact to the business as per the last update. Investor presentation is worth a read from here:https://bihplc.com/Fragmented global FX market valued at $5.1tn/day presents a host of acquisition opportunities? Boston International Holdings ("BIH") is seeking to acquire companies within the FX sector to capitalise on these opportunities and create shareholder value by driving positive change? First acquisition within 18 months - following this, potential for complementary acquisitions? Strong management team with deep experience across FX and FS sectors? Standard listing of SPAC will provide platform to raise funds to execute targeted acquisitions
Posted at 19/8/2021 19:33 by albert arthur
New FCA guidance is a welcome step forward for UK SPACs- August 17, 2021The rules for SPACs are changing – a move that could breathe fresh life into the London market.New regulation that came into force last week provides extra flexibility for large Special Purpose Acquisition Companies while offering greater protection for investors.The changes relate to the thorny issue of automated trading suspensions. SPACs that raise at least £100m at IPO will no longer have their shares suspended once an acquisition target is announced provided that they meet a number of criteria promoting investor protection.This addresses the quandary of investors being locked in at the most pivotal stage of a SPAC's lifecycle, unable to access their capital and exit their position until a prospectus has been published, and brings the LSE into line with other major exchanges.Under the new regime, to avoid share suspension, SPACs are to provide investors with a 'redemption' option so they can exit before an acquisition is completed. They must also, among other measures, ensure money raised from public shareholders is ringfenced and that shareholder approval is sought for any proposed acquisition.....Https://businesscloud.co.uk/opinion/new-fca-guidance-is-a-welcome-step-forward-for-uk-spacs/

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