RTO Limited Analysis

Overview

RTO Limited ("RTO") does not currently operate any commercial trading operations.

The Board of RTO is focused on identifying a business to acquire, and effectively undertake a reverse listing transaction in respect of that business.

The Board wishes to acquire a business that has one or more of the following attributes:

The business has excellent personnel and management.
The business has a robust business model.
The business has solid historical earnings, or alternatively has a sound business platform from which to implement its business plan and generate strong earnings in the future.
The business has the potential to grow organically, or via complimentary acquisitions.
The business would benefit from raising additional capital from the markets.
The RTO Board continues to investigate all credible investment opportunities that may present themselves, and are hopeful of having a transaction underway during the course of the current financial year.

Performance

The following information was extracted from RTO Limited full year results, released 29 May 2024:

Activities during the Financial Year ended 31 March 2024

During the course of the financial year:

The Company did not undertake any business activities.
The Board was actively engaged in seeking to identify a potential business to acquire as part of a reverse Takeover transaction (RTO).

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