When a company engages in a RTO exercise, it is not necessary a cashing out opportunity for the new owners. To them, it may be just a valuating activity.

Normally for RTO, you will hear the “circus” behind the team. There will be quite a lot of news on them so people will know this counter and push up the share price. 

But what happens if the RTO doesn’t have any “circus”, especially on the fact that it is so hard to find information on the company that is intending to take over the listing? Does this meant that it is some sort of shady business? What is it all about?

That’s when the investigator in me came out.

Recently, I got caught in this mode when I wanted to invest in a company that is currently in a RTO exercise now. The propose RTO has not been completed. …