Regtech Open Project Share Discussion Threads

[noirua] 26/10/2023 19:54

Have they?... I don't know. Why not ask Alessandro he will be pleased to receive a call from you or TW in particular I'm sure?

Meanwhile, those investors who bought between 9p and 12p will be looking at matters differently. A good sign will be any large purchases under 20p a share I guess.

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StrollingMolby25 Oct '23 - 10:43 - 192 of 195
0 1 0
RTOP having to get on the front foot now to support that disastrous share price performance:



[ This interview showed the company CEO unfased by events and quite confident and certain. ... "RegTech Open Project PLC (LSE:RTOP) stands poised for significant expansion."]

[bbmsionlypostafter mk2] 26/10/2023 09:51

Regtech Open (RTOP) is in my view a plain fraud. Listed at 100p on August 25 its shares at peak ramp were 314p within weeks. They are now 11.5p. A peak market cap of £188 million is now less than £7 million and it may well be insolvent. Companies owned by Alessandro Zamboni of the fraud Supply@ME Capital (SYME) infamy were meant to provide loans of £2.5 million by early September but he could not dump enough stock so did not. Revised payments in 4 equal instalments totalling £2.063 million were meant to complete yesterday. Have they?...

[the codger] 25/10/2023 17:09

Definitely an opportunity

[strollingmolby] 25/10/2023 10:43

RTOP having to get on the front foot now to support that disastrous share price performance:

[simonparker5] 24/10/2023 10:31

BTW remember that there are only 21 million shares in circulation as our largest shareholder holds the rest of them. Hence the reason for the wild swings.

[simonparker5] 24/10/2023 10:26

doberman1 30p would give a MC of £18m. There are 60,000,000 shares, a MC of 300 million would require a share price of 500p!

[noirua] 24/10/2023 09:48

If the shares could make £3+ then 30p is a cakewalk. Target 50p+.

[doberman1] 24/10/2023 09:36

Thirty pence would give the company a MC of 300 million . Really think that's possible today ?

[noirua] 24/10/2023 09:17

Allowing for the AX trades all over the place the move today should be similar to a ship in a storm. However, I spy land ahoy. Thought for the day - the land ahoy is known as Thirty Pence Island.

[tradewithtrend] 24/10/2023 08:51

Some director buying would be good!

[extrader] 23/10/2023 20:32

.."here was a company over valued at 60 million..."

AZ's argument (in the unlikely event of being challenged) would be that it wasn't over-valued, because both parties agreed the valuation.

The FCA rule-book, being drawn up by people without imagination aka Tim-nice-but-dim, almost certainly doesn't cover the situation where the seller and the buyer are the same person.

HTH

[bbmsionlypostafter mk2] 23/10/2023 20:10

This is a scam run by an Italian swindler.

[doberman1] 23/10/2023 20:05

Correct . What we got here was a company over valued at 60 million..Which the FCA let 35 percent float at the 100 percent valuation...60 million shares at 1 pound each .

[noirua] 23/10/2023 18:49

The basics of this situation. Only 35% of the company was the subject of the IPO.

The current owners are The AvantGarde Group SpA (TAG), which owns 100% but is floating a 35% portion of the company, just under 21 million shares, in London.

AVANT-GARDE GROUP - 65% owners of RTOP


the AvantGarde Group
Cross-border “Innovation Hub” with three active business lines: RegTech & SupTech, Asset Based FinTech and InsurTech

[doberman1] 23/10/2023 18:31

More like the Bears have done their DD .Went on to SYME BB and meet the victims all down 97.67% from pure Italy skullduggery. . FCA will be forced into action .

[noirua] 23/10/2023 16:10

Certainly a switchback ride this one. If it rebounds on good news who knows where it could go to? I have a sneaking feeling the bears have got this one wrong big time.

[bbmsionlypostafter mk2] 23/10/2023 16:01

Down 25% since 07.09 today when some company shill told us he could see this rebounding & it was definitely worth a punt.

LOLS!!

[doberman1] 23/10/2023 15:39

I can see this rebounding. Definitely worth a punt..Your not doing any DD on this company then ! I'll give you a heads up .The ceo of SYME is on the BOD and is a major shareholder .

[noirua] 23/10/2023 15:32

AT trades rule the roost here leading to prices all over the shop with seemingly no trades causing it.
RTOP looks very low priced but only for those who love high stress - good luck. Added more at 10.6184p to average at 12.298p.

[the codger] 23/10/2023 07:09

I can see this rebounding. Definitely worth a punt.

[noirua] 22/10/2023 23:09

September 29, 2023
Ian Halliday-Pegg, Chief Executive Officer of RTOP, said:

"The Direct Listing Of RTOP Represented A Significant Moment For The Business As It Looks To Rapidly Scale Its Customer Base And Presence Geographically. We Are Confident That The Strong Momentum Achieved To Date Will Translate Into Further New Long-Term Partnerships And Adoption Of Our Unique Operational Resilience Focused SaaS Platform."

"With Regulatory Change Driving The Requirement For A More Rigorous Approach To Business Management Across Financial Services Industry And International Markets, We Are Well Positioned To Continue To Deliver The Growth Strategy Outlined At The Time Of The Direct Listing."

[noirua] 22/10/2023 11:45

Alessandro Zamboni on TwitterX


- Apr 21, 2022
Alessandro Zamboni, Founder & Chief Executive Officer Supply@Me Capital (SYME.L) Podcast

About Alessandro Zamboni
Chief Executive Officer at Supply@ME Capital plc

[bbmsionlypostafter mk2] 22/10/2023 10:46

Still the FCA refuses to intervene in the scandalous fraud that is Regtech Open (RTOP). The FCA approved a prospectus and the shares listed at 100p on August 25. Within a couple of weeks they were 304p. Now they are 12.5p, a loss of 87.5% in less than two months from the IPO and 97% off the peak of a couple of weeks later...

[noirua] 22/10/2023 10:16

Many of us have been around long enough to see it as a reasonable gamble that a company that has only just obtained a market quotation isn't going to fold that easily, in particular, because nothing has changed. Many directors ignore the market price for that very reason and always refuse to comment.

8 Bankrupt Companies That Came Back
March 22, 2023

[dudishes] 22/10/2023 00:16

Somw 250 tro 12, some feat!