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Mohh was right after all -:)
slowly what i mean is if there is a potential target, yet not confirmed the company may not divulge that target until it is more likely to happen, so may let suspension happen anyway. However, if Antos has any influence (IF), it could be possible that he could get the BoD to get negotiations moving. It won't halt a suspension but he may be in a position to get them to release a 'calming' Rns outlining any RTO progress. I would like to think Antos (if involved) could do more to initiate a deal before the deadline...hopefully?
Well said Jarv, folks trying to find a middle way in all this will be the real losers. Black and white here...always was a hold-till-the-end multibagger or a none-starter, anything but those choices is a numpty.
If all your shares are paid for why worry about suspension anyone invested here knows it is high risk, high reward multibagger or lose your cash so either take a position or sell.
People on here mention suspension like its a bad thing......it is part of the process, live with it and hold for gold, I for one am not concerned and if anything when it suspends it takes away the anguish of should I shouldn’t I ......GLA
How do you see that preventing suspension? The rules say that any details of a proposed RTO must lead to suspension until the admission document is published. I'd have thought that, as soon as they mention potential targets, suspension would follow automatically. ... How do you see this working?
I feel almost certain we'll get a 'calming' update before the deadline, which could outline the identity of the potential target/s, which could be more than one to be considered? But maybe enough to settle our nerves and prevent suspension. Antos would try to put off suspension, imo?
I am an optimist on this share but feel this will suspend
IMO a couple of critical days coming up - I expect an RNS, but without one we could see the SP take another battering.
Be brave.
So 19th / EGM deadline could be an interesting day then, in terms of buy / sell volumes, sp and possibly news?
It’s not suspension that’s the issue it would be nice to know before we suspend where we stand with an RNS.
the risk is we suspend automatically then an RNS is issued to say they are no further forward in an RTO target. We are all locked in. If we suspend as a result of positive news ahead of Auto suspension then that would be more palatable.
In any event I’m still hopeful this will come good as people have said there’s a significant shareholder that as far as we are aware remains heavily invested and until we hear otherwise there is no need to worry
Egm not egg
19th Sept is the cutoff date for egg otherwise this is gonna go into suspension
Absolutely no benefit to the BoD but benefit to Investors in terms of reassurance before suspension. I would much rather they suspend say on 4th Oct with an RNS announcement in the morning spelling out their position rather than suspend automatically at the end of the day with an RNS giving the same info.
But selfishly they may want to weed out more existing holders, hopefully not!
Knowing there is still a plan would add a little bit of comfort but until my decision day comes I’m still positive that this will evolve into a great investment opportunity for all of us.
I don't think there is any difference? Other than to perhaps laugh at the crap we post on here as time goes on...
Can anyone answer me this....
Is there ANY benefit to the BoD announcing a proposed RTO now (for example) rather than the day before/on suspension?