London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
there are a lot of people invested who don't have an lse account. or who come here just to read.
i am invested. why else would i be here? The trouble with you lot is you don't like anyone who tells you
anything but 56p, 60p 80p £1.60p. we all learn from exchanging ideas. i've learnt a lot today. Let people
say what they feel.
Everything in the RNS means nothing if what is right at the bottom of the RNS is not out right for us. WHAT IF is not something you can handle.
Ethio, you have been a memebr since 4th Feb. Looks like you arent actually invested here but prob an alias spouting negative ****e all day long. The EUA story for all of this started last year, where were you then? What suddenly got you posting so fookin vociferously? I think you are full of s*** mate.
Punters is living in your head rent free new2! I’d get over him for your own sanity! I’m sure he’s here but you’ve accused no end of people now of being him! You sound like the people claiming someone is TW, incidentally the same people you called morons...
‘The company is in advanced talks with a new nominated adviser’ and ‘Wh Ireland will be working with the company to ensure a smooth transaction’
That for me sounds quite positive!
People pointing out you’re very likely wrong is not a hissy fit NTTG it’s simply an observation that they don’t believe or trust your opinion, they trust the company and positively interpret the RNS as opposed to your mainly negative slant.
I raised this point yesterday teletubbies but nobody wanted to hear it. No nomad means the pi’s will end up losing massively. People just want stick their fingers in their ears and ignore any negatives. Jeez, some are still trying to convince us that the company sacked the nomad as opposed to the nomad resigning.
I see punters friend is still posting, and putting his spin on event. Maybe we should run a bet on how long he is able to keep his latest reincarnation from getting banned. Interesting that Luc posted again also, he must have got over his massive hissy fit at last
Once we have a new nomad then we can start to get excited about some of the other points in the RNS, until that point comes I think we have all lost our money here
If the company is taken private, then surely they require shareholder agreement to sell the company shares or its key assets in an asset strip.
I don’t see how they can just hive off the assets at nominal (written down value) to another connected company for example set up by the BOD and then simply flog the shares in the new company at massive profit. I would have thought this would require shareholder approval?
Similarly if shares are disposed of at full market value when we are private, then proceeds of share sale would still have to be distributed to PI’s.
if delisted, they dont have to give you no updates, quarterly etc.
They have nothing regulating them
they can take risks in high risk , high reward ventures.
in general, pi's get shafted and will not see their money. Facts.
if they are not transparent now, forget it when they go private.
they will sell their assets , get rich and will not have to filter profits down to ps's.
this has happened before. for EUA to get there, all they have to do is, not get a nomad by 29th may.
so, until they get a nomad, i don't get two @~@~@ hoots they got a flanks license or not.
2 days ago, we were looking at big returns, part sell, full sell etc.
Today, we are looking at the possibility of not seeing out money.
1 thing is, THAT report, came out, we took off. sp, hit the roof. then we get suspended. That makes me think we may have been had. i may be wrong. less than a week after that report came out, which must have been made by the company or paid for by EUA, we get suspended. i mentioned this and people shot it down. Go look at FIN. They went up 200% in 1 day, tr1 on that day showed someone bought 3.5% that day, next day suspended. No liquidity. I don't mean to scare people but its best we all put this out and discuss it.
If they can avoid it you can bet they will.
It is not that simple, different countries, different rules. It's happened before and will happen again. Companies delist and shareholders are left with nothing.
I have a nice holding in here, a nice paper profit, luckily I did take out quite a bit on the crazy rise before this suspension.
If it comes good I will be very happy. But I have the feeling we have not been told everything, example the delay in notification of WHI leaving, no matter the reason why hide it till 3 weeks before it is final?
Hope I am wrong, 100% and totaly wrong.
But some folk seem to be ignoring it. Not that they can influence folk into buying or selling in the current circumstances, which we can be thankful for
EUA Exists is a registered company with companies house, whether or not is on the Aim
or delisted. It still exists and has rules to obey.
The company is private means the shares of that company are not traded on the exchange not you lose your percentage ownership.
Teletubbies / Ethio are you saying that if we delist somebody just walks away with 2 million ounces of PGM (Approx value 3 billion)and no body knows who owns it.
Now that is a heist but then again it took 24 years to plan so i suppose its a possibility. I dont think even Putin is that brazen
The company will still have a list of the shareholders in the company, nothing to do with the nomad. You own shares in the company!!!!
Its simply private instead of public.
It is not over , I agree, but few are re-listed on other exchanges, very few - what was the difference in the price from de-listing to the new NEX price out of curiosity
I was invested in Afpo, their nomad resigns, they get suspended, they don't get new nomad in time allowed, so they're delisted.
They then get a corporate adviser and realist on the nex exchange.
It's not over if we delist on aim.
OK - IF EUA are delisted you say we still own part of it - how do you allocate ownership to us and all the other share holders
Teletubbies, What delisted company
So how do they decide who gets what in this delisted company then Lenoman?
Ethio, Just take my advice, I'm not worried, I've read the RNS, and I'm happy with where we are, if I'm proved wrong, or naive, then I'm still not worried, as I only gamble with what I can afford to lose, I just cant second guess everything, it's pointless, unless you have facts, that cannot be disputed, either way
When a company delists, even if that happens which I don't, you still own a portion of the company. It just makes the company a private one instead of publically traded. Stop trying to frighten people, its bewildering how people could be so callous especially at the moment given many are praying for their loved ones.
Exactly what I have been saying.
It does not matter how much you paid and how many shares you won in a de-listed company, its PRIVATE the word gives it away.
So many "experienced" investors seem to be avoiding the "UGLY" truth - pointed out in a very good post earlier by Amers I think .
No NOMAD = No Listing = NO MONEY
It is quite simple, all the other news, flank approval, JV, etc etc will mean nothing to us.
If we are de-listed and all the above happen HOW are you going to capitalise on in it by selling your shares?
That's why i talk about clarity. we are left to guess. A simple reason as to why they are resigning would have helped.
As for getting a new nomad, AIM have a strict rules on it. i read the pdf last night. we don't know when EUA found out the current nomad is leaving. we don't know if they are serving a notice period OR waiting till new nomad comes so they can hand over. we don't know how long the discussion have been going on. Once agreed, AIM will have to scrutinize the new nomad, including interviewing executives who must have experience etc. All that process could take time so we are left to guess. if nothing by end of may, we are done for. So for me, news on new nomad is paramount cos without that, we have nothing.
I get what you are saying. Even if they delist, we would still own our shares. A lot of people who are in that position will tell you that they don't get anything and they have no control.
Ethio - agree a new nomad is needed but I just don't see why that should be a difficulty for the company to appoint one?
As to whether WHI resigned or were fired or mutually decided to part ways, I don't think any of us have any way of knowing.
Lenoman - haha why are you here if you are not a little worried? £1.60 on relist, 56p, 60p. sometimes, you have to call it as you see it. A lot of the RSN is positive but what we should all care about is getting a new Nomad.
Ethio a quick look on the rules about ownership and delisting might be useful because you are not factually correct.