EXPLOSIVE DOSSIER: RegTech Open Project Plc - a £60m IPO CON from the Supply@ME stable the FCA thinks is fine and dandy
By Tom Winnifrith | Wednesday 23 August 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Yesterday the FCA approved the Prospectus for RegTech Open Project Plc (RTOP) so that it can list on the Standard List with a £60 million valuation, enriching Alessandro Zamboni of the Supply@ME Capital (SYME) fraud to the tune of £21 million. This detailed dossier explains why the FCA should hang its head in shame. This is a disgrace and shows that the Standard List regulator is just not fit for purpose.
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