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Got it thanks
Did you? Why today? Thanks
Expected Chal back today...
Maybe next week
Approval granted for the reverse takeover to go ahead…
Finally might get to see some money back here by end of July!
Excellent RNS. Clear as mud.
Don't understand how is is so difficult to hold a meeting. Zoom, Teams etc etc, jeez, its not that hard...
Ah, I see. An RNS to say no one turned up again, adjourned sine die. Not very good, is it?
Does anyone know what happened at yesterday (Monday 12th)’s adjourned EGM.
Well guys hopefully things are coming to a head. Be nice to start trading again...
GLA Supertag
You might be lucky! The anticipated share price was 1.07 GBP (post consolidation of 266:1) following the reverse takeover.
Following this latest RNS I’m not sure what to expect though...
Please excuse my ignorance, I have long forgotten this dog of a share, but are my 104 shares potentially going to be worth something again?!
Anyone shed some light onto this latest RNS and intended share restructuring?
Shares have already been consolidated by 266 to 1. Are they still planning for 1.07GBP per share?
Well, as suspected. Not completed by the extension date.
However, this is interesting:
"The Boards of Challenger and Cindrigo are investigating an alternative transaction structure to achieve the proposed reverse takeover of the Cindrigo business by Challenger on potentially improved commercial terms."
Something to do with the Chancellor's latest announcement of funding for green energy projects?
Waiting.....
Either way, should be an RNS Monday!
Possibly - although I note that the other longstop extension RNS (29/10) said the same, only to be further extended in the 30/12 RNS.
who knows....would be nice to get something either way :-(
Unfortunately the last RNS said: "The extension of the Longstop Date, at which time the Offer lapses if any of the Conditions have not been satisfied by such date..." so I have a nasty feeling that, that is that.
All those dreams of NY wheels.....
after hours RNS.
" We are pleased to advise that we have kicked the can so hard that our shoes have now worn out, and we cannot afford to purchase any new ones. Not only that, all of our bic biros have now run out of ink so we have been unable to pen an rns"
And silence.....
Tumbleweed....
Anybody out there? if so please get your pen out and write and RNS. Two words will do...”deal done”
One more day now!
Should be long enough for even the incompetent ex Chal CEO to achieve, surely?!
The Chal website has been updated to show the new CEO and team from Cindrigo.
In my trading account the number of Chal shares has been consolidated (was it around 200 to one) but unfortunately still showing 0.13p per share rather than the new anticipated price of £1.07 per share!
2 more days until the revised longstop date is up. Do we reckon this will get over the line this time, or will the can be kicked further down the road?
"Extension of Longstop Date"
Well, it wouldn't be Challenger if they actually managed to close a deal on time.
Wow, so he has. Two or three years too late, but there we are. It's a packed field, but I think StarSanctum has to take the top spot in his 'greatest hits'.
LOL so Mark has finally gone. i guess it was a part of the RTO he step down
good luck to him as he did something right in the end
I'd completely forgotten about this pup, until I saw the shares on one of my dealing accounts and realised that it was still suspended. It would be impossible for any new venture to make more of a hash of things than the CEO did here, so good luck to them; it's the most consistently useless performance I've ever seen from one supposedly senior individual. Looking forward to the relist, when I can finally dump this once and for all.