RE:RE:RE:RE:RE:RE:ALY Shareholders 93% Retail is the problem
Good points, although an RTO may be problematic due to regulatory issues. MW is Italian based with approval from CONSOB, ALY is Candian based without trading approval. Maybe the regulatory approval survives an RTO but I doubt it. ALY has a presence in NA, and I'm sure MW and it's backers see access to NA as a big advantage, so something is likely in the works behind the scenes. We do have to see MW get at least the 2M subscribers before anything happens. If they fail to gain sufficient paying user base, MW will have to find a way to change the situation. Next catalyst will be user base numbers and growth projections, it has to start looking good or we stay flat.