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I see your point. Thanks for the info Kiwi
The PR companies and Neville Registrars are not directly involved in the deal, thats why I suggest getting in contact with the CGO Broker.
The great disappearing act
See also my post of 27th January from Neville Registrars:
Hi, ******
We do have contact with the company unfortunately I am unable to give you their direct contact information.
However if you are happy for me to do so I will email them your details and your email below for them to contact you ?
Many Thanks and Kind Regards,
Hannah Brownhill
Finance & Corporate Actions Assistant
T 0121 585 1131
E hannah@nevilleregistrars.co.uk
www.nevilleregistrars.co.uk
To save any wasted effort, see below the reply from St Brides,, I posted on 23rd January:
Dear Mr *******
I’m afraid we do not represent CGH or Sable Mining so do not have any contact with the Company.
Kind Regards
cid:image001.jpg@01D58F1A.6D3B4460 (St Brides logo)
St Brides Partners Ltd
51 Eastcheap, London, EC3M 1JP
www.stbridespartners.co.uk
Tel: +44 (0) 207 236 1177 | Twitter: @StBridesP
ElectricEeel, unfortunately that does not appear to be the case as per the readmissions document:
""CGH is to treat its ownership of Ordinary Shares in the Company passively and as an investment opportunity, rather than an operationally active shareholding". That means that they directly control the shares of CGH in CGO and not any individual CGH shareholders.
I strongly recommend you and all holders contact the Broker from CGO and demand answers as to the whereabouts of management of CGH and why they have not updated shareholders as to what their plan is.
In the first instance contact: Jonathan Evans Brandon Hill Capital Limited
Financial Adviser & Broker T: +44 (0)20 3463 5000
and posssibly try contact their PR also:
St Brides Partners Ltd
Financial PR & Investor Relations
Catherine Leftley/Cosima Akerman T: +44 (0)20 7236 1177
I was under the impression that the current CGH shares would change to CGO shares, as the did when we changed from Sable to CGH.
As stated CGO £10 Million market cap on readmission of which 64.3% will be owned bt CGH, however there is yet to be any form of communication from CGH to CGH shareholders.
so as sblm and now cgh what are we to expect? price on opening ? whats in this for our delisted unvestors?
They will be in production a lot faster than any other aim company that is hoping to produce coal, the question is how exactly will CGH holders be able to get their money back? There is still no response or plan by CGH towards shareholders
That would be good. I'm hopping this isn't more smoke and mirrors. Perhaps holding at least until the dirty stuff comes out the ground would be advisable. Initial listings are always wild cards.
I wouldn't rule out a 20 to 30 Million market cap for CGO, that's just my opinion. If you thoroughly research Lubu and the admissions document you will see why
Regardless of the re-entry price, what happens to it after the listing? Any takers? Is there fair value here now? I would assume there would be room for growth.