Sooner or later this company has to do something regarding there intentions using shareholders funds,be it bad or good.Its unfortunate that it is being stretched out until its forced.This is only my tuppence worth but a severe lack of communication towards its benefactors regarding a small write up on there homepage then radio silence.
I really hope these do relist some day. Too much bad luck with this and NEW! My only current upside is, that my BOS shares have finally exploded today, and with the convertible loan notes, looks like it is going to mutibag IMHO
"Will Daniel Stewart relist? Following consultation with key advisers and major shareholders, the Board of Directors concluded that it was in the Company’s best interest to cancel its AIM listing and this took effect in January 2016. We are aware that a number of smaller individual shareholders are keen to have some form of dealing facility in place in order to facilitate a level of liquidity. However, in the short to medium term, becoming a private company will give us the breathing space to put in place plans for the future development of the business and allow us the time to determine the optimal listing or dealing status for our shares. The Board continues to assess the options available in this regard and will be exploring a number of possible solutions including creating its own private trading facility and joining an established platform for trading shares in private companies, although no definitive time frame has been set for this. Concurrently, the Board will assess the merits of re-listing the Company’s shares on a publicly traded market, although this option is not under active consideration at present. In the longer term we wish to help all shareholders receive value for their shares and as our plans evolve we will keep shareholders informed. Thank you for your patience and your continued support."
quob wants (needs?) to raise money and also dan needs to raise money.
so quob, which needs extra cash, offers to lend cash that it's already a bit short of, to dan, in order that dan can use that money to buy extra shares in quob so that quob then gets that as extra funding... tad incestuous...
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