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Ian, I am also with The Share Centre and tried contacting them today.........not very helpful though. refereed me to the corporate team who will get in touch.
Are yours also showing as "Not Tradeable"? If so how does it get resolved? I'm getting nowhere with them
Great analysis. And it would be very wise for the company to start promoting itself properly with decent PR and news releases.
I bought a few £k last week to test the HK market with my new trading account setup with IB and i think sub 5p is a good entry as management must be keen go get this share back to the equivalent of 10p asap and sterling strength. Certainly those possible contracts in the IPO, page 293, is very impressive. If they just get their finger out and release timely news once these are signed we can all breathe a sigh of relief but any normal company, if they had this sort of possible order book, they would be releasing RNS left right and centre. Many companies annouce MOUs and we have about 10 of those and likelihood they come off as existing customers is very high. There is almost 10+ RNSs just from that lot. Crazy BOD dont just pay a few quid and get these into the public domain as opposed to expecting new possible investors to wade through 500 pages of an IPO document as none are even on the website, which is basically 10 pages. We can hope they will bother to inform the market when any sign? One oddity is the business model where effectively they do get stage payments but do appear to invest more at the start of any contract and then get this back later on. This kind of explains why we are throwing up big profits but dont have the cash to show for it. However we should see cash grow as existing projects complete. Its also very good we are actually strongest in ethanol for alcohol and ethanol for fuel looks to be a nice spread of options. please CNE pull your finger out and get some RNS out the door and build your name and market position to the investor market.
ianlaurence
Hi Ian, unfortunately I am also with that shower of corrupt shyte known as ( ii ), or ( iii's in disguise )
They are NOT helpful as your monies are out of their control, but they DO trade in foreign exchanges-you need to register your intentions with them-??????????????
When you go into your TRADE section-as if you want to buy some shares-at the top you will find a heading
International.......so you need to click that section (After you are registered)
When you trade UK-it is automatically defaulted to UK stocks.
You need to message them, and detail what you have, and your intentions to HOLD and trade in this stock on HKX
They should do what they are paid for, and advise HOW TO COMPLETE THEIR PROCESS.
Should be ok
GLA
MU
Thanks, must just be awaiting the transfer
I have account with ii and they have confirmed they do operate on HKex and i will be able to buy/sell my CNEL as normal once the transfer is complete, which should be in a week or two.
So seem at a cross roads with my holding stuck in The Share Centre.. knew they couldn’t deal in HK but seems II can’t either!?? Was going to transfer my holding and although they deal in HK, it appears not with CNEL.. and they couldn’t explain to me why?
Is this to do with transferring of all private investors positions over the i tidal 6-8 weeks after HK IPO listing??
Forgive me for being naive on this has never dealt with a transfer onto foreign markets..
Any help appreciated as brokers seem clueless!
Realise holding has been massively diminished due to poor opening, but like a few here was prepared to take the gamble (and still am) but would love to at least have some sort of access!