I emailed the co specifically about the annual presentation and when they intended to report 2014 figs, for as we know these were on or about end Feb (last) and as most cos like to adhere to a strict reporting schedule (good business practice) when may we expect said results? If they intend to delay, pray for why? If so, pray when? Having already had an update surely we should have the full picture as soon as? Assuming the nos have been signed off? I also voiced concerns about co brkr and pr relations re the Proxima story (in a prev em). Im sure all is ok but delays like this can lead to needless speculation (mbo/delist/acquisition/merger) and it ain't good for long suffering shareholders most of whom are underwater!
Well done JL, the BoD need to know that their behaviour is under close scrutiny and things are starting to looking concerning.
Not sure what's going on!!! What have you got in touch with admin for?
Rec'd reply from admin, contents passed on to the relevant person...well that was a first! We shall see.
RE: Off topic....
Considering that the very majority of present shareholders converted/took up shares @ the IPO just over 3 years a go...I would say they would not be too pleased to see a delisting.... Doesn't really make sense at this stage of development. All the R&D spend is mostly behind them...so just a case of more waiting and see how it pans out finance wise in the not so far future....
Some good points WB990 don't want to consider a de-listing (forced) but in the event of a voluntary delisting the co would have to offer holders a premium to the prevailing sp and we both know that would be at the absolute minimum. Is this bod in cahoots to see the sp walked down to 15-18p? then make a derisory offer which would put 99% of shareholders underwater including themselves! With their skin in the co I doubt they would be bothered much about losing the odd 5-10 £k. Year end results should be announced immediately and I have emailed the bod to this effect and urge others to do same!
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