Krynap: They also explained that they were removing recent postings about us having to move to another BB, because it's no longer necessary for us to move, and therefore would possibly cause confusion. I think that's a fair point, as it's now more important to make sure that everyone knows that this board will stay alive and that we can continue to use it.
Regarding the removal of other postings, my understanding is that this will always happen if any posting is in breach of the rules or is saying something defamatory about someone (even if it's true!)
Advice welcome. The Share Centre having initally told me they would try and obtain a share certificate (cost of £25) now tell me that as ATC have delisted they cannot do this. They suggest that to avoid further account charges in respect of ATC, I donate the 2 m shares to charity. Perhaps they mean the BOD! Any advice as to how I can prove ownership of my ATC shares if I am unable to get a share certificate. Will the new share dealers ? Capita be able to create share certificates perhaps?
Thank you Piltick for asking LSE and posting their answer. If not for you, nobody would even learned that such problem was rised: "Where can we keep in touch". This Post has already disappeared - what was wrong with asking?.
Now we can stay at peace that this BB will exist, due to changes made by LSE - but it is only part of soultion. Our Post are not allowed to exist, although they are very decent comparing to the harm done to Small Private Investors.
As you are in touch with LSE, please ask if they can also make sure that our Posts can stay alive. Who decides on their lifespan in this free world? Who is the killer here?
Holy: I don't think that AFC will ever be re-listed, anywhere. It is my belief that they will create a new company (or use a shell company) to combine their "Target" and the old ATC company. In order to do that they will have to make an offer to the ATC shareholders. I expect that will be a derisory offer, but they will want to get rid of us small PIs and not want us to take part in the new enlarged company. The shareholders of the new enlarged company are likely to be the existing BoD, families, and ST, and presumably the Institutions. But not us. I also expect the new enlarged company to be listed at some point in the US, but not in UK.
So in response to szynd's question have we lost our money, I would suggest not necessarily, it depends how much we can squeeze out of them when they come asking for us to sell them our ATC shares - which I am convinced they will do in due course.
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