RHM – Delisted, Vote No on all resolutions


This will delist tomorrow.  They were involved in a reverse takeover but havent issued a prospectus in 6 months.  As a result their holding has been suspended for 6 months so will be delisted.

RHM’s main asset PUCF want to go from being a media broker to being a media broker and renewable energy supplier – to counterbalance volatility in media brokerage.

It’s not all bad – current RHM market cap is £3.7m – as of latest RNS RHM owns 40% of PUCF, worth £6m and RHM has cash of £2.9m.

Continue reading “RHM – Delisted, Vote No on all resolutions”