InvestorsHub Logo
Followers 41
Posts 1271
Boards Moderated 0
Alias Born 12/03/2012

Re: None

Thursday, 08/24/2023 12:59:51 AM

Thursday, August 24, 2023 12:59:51 AM

Post# of 326353
Currently there is zero connection between NeoMedia and NEOM Project in Saudi Arabia. The only difference between now and 10 years ago is the fact that they bought their neom.com domain. However, I am hoping that the kingdom will buy this ticker symbol as well. It will be so easy for them to buy something as cheap as the entire company's worth at this moment given their unfathomable wealth. They're saying that they will be opening up investment opportunities come 2024 for investors and companies. I just hope that the Saudi prince won't settle for some other ticker symbol but rather buy the entire NEOM outstanding shares.

GLTA

Saudi Arabia will tap sovereign wealth funds in the region and globally in the fourth quarter of this year to raise part of the remaining 600 billion riyals, which will also be funded through private sector investment and an initial public offering (IPO) that is expected to take place in 2024, he said.


Saudi crown prince says NEOM mega-project to list in 2024