Rothschild Engagement – What’s the Strategy?
posted on
Jan 20, 2019 11:27AM
I think we all have too much time on our hands waiting for topline results and an information vacuum which results in wandering minds and a filling of the vacuum.
So, I will admittedly fill the vacuum with more conjecture, but on a topic not dealt with lately, that being the Rothschild July 31st engagement to evaluate a potential U.S. listing. So far it has been a red herring, but what was/is the strategy in this regard?
1. Provide a PR for PR sake, to show a large established firm will take on RVX as a client. Maybe side benefit, but not the sole reason.
2. Gain a U.S. listing to help fund interim operations. That was my initial thought, but nothing has happened since July, so likely not the plan or was thwarted, unless the next raise is through a U.S. listing, but seems doubtful at this time.
3. Put everything in place for listing assuming good topline results come out. At that point RVX will likely have a high enough stock price to avoid any consolidation. A share issue could cover costs for the next few following months until the BETONMACE detailed analysis is released and the potential secondary benefits are quantified and allow for a bidding war?
4. Rothschild is really in place to sell RVX if positive results are issued and listing would help facilitate the sale?
What’s the strategy, your guess as good as mine or hopefully better?