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Of course RB knows what’s going on, these chancers have all known what has been going on, their end game has been known from day one of this whole debacle. They have been gearing up to shaft all of us (not sure how just yet) but you can guarantee they will walk away with loads of cash!
Richard Bennett knows what is going on but i reached out to him and no response. He is also chairman of Sunbird but also no concrete information as to these contracts with CNEL and whether these are the fabled delayed contracts or not. Its a mystery as in all updates Sunbird is never mentioned? while i do not know the ins and outs of relisting CNEL have provided the absolute basic technical requirements but they fall a long way from the spirit of transparency and ensuring pis have as much information about contract signings and developments as insiders and contractors meaning others csn trade wirty a considerable advantage while pis know very little detail to make sense of the recent profit warning as 2 delayed projects are less problematic as 2 canceled contracts. I am sure the HKex are telling CNEL to release news updates to avert conflicts of interest and potential insider dealing.
well, I share the same concerns... I have pretty much CNEL stock,... what worries me most is how the stockholders will react as soon as CNEL would relist... I can imagine some people will keep their shares if the price has gone up, ... but if the share price is not ok it could make that lots of people will dump their shares and get out of CNEL... and I wonder if the CNEL board has thought of this... I can even imagine they just don't mind... If they would like to keep the shareholders on board, they could have given a dividend... now they clearly have no intention to do this, I think they just would like the CNEL stock to bottom asap, so they can buy a crazy amount of shares at bottom prices...
6 weeks on from sending in relisting documentation and nothing. Disgraceful behaviour by everyone involved yet again. I am thinking that hkex are after coming back with something unsavoury and they are fighting it in background. Least company could do is come out and give us some indication of the timeframe.