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Nice to see an uptick in the sp, but the mms have got the spread biased, the bid doesn't move much!
Up
You on nothing..news coming?
Cost of removing the company from listing will not be much at all. Every month they pay fees to continue to be listed which are quite hefty.. as you mention they could be eyeing up an rto.. depends how clean the parent company balance sheet is.. my guess is that all the debt Could be in subsidiaries?
My guess to why it is still listed... a) just in case the market improves - but I don't think time is on the company side.. b) maybe a RTO could happen since the market listing is worth the market value alone (once it is just a shell) or maybe 3) Barclays do not want the cost of removing the company from the market - paperwork etc. Who knows - perhaps ask investor relations?
Sorry to hear about you losses at prices much greater than now. But this is aim and anything could happen. Good luck in whatever you invest. All the best.
We are talking 3+ years ago.. it went bad here quite quickly going down from 20p to around 4p (when NAV was still apparently double figures).. so for a while was at a sharp discount to NAV ... you can't have a discount to a negative NAV .. so got out some time ago.. tried to trade it once.. a year or so ago.... but got nowhere... Not advising you though - just telling you my experience/opinion here... maybe something will happen... but there are risky shares and then there are ALPH shares.. just too risky (for me) gl
I have never recommended on here to buy. It's just an interesting stock to trade at times. Everyone is entitled to buy and chose their own entry and exit points. Question no one has answered yet.. why on earth is it still listed?
Perhaps because I am getting older.. I am not so keen to invest in ultra high risk - one in one hundred chance of a multi-bagger - shares like I use to be lol. I remember you from the PTV days... look how that turned out... and MTV... and HIBU... once I got my fingers burnt more that a few times.. I got a tad more cautious... Look ALPH "could" re-rate due to constant buying.. "could" return a decent profit if the spread lowers and it trebles in value... but it's a big big IF .. imvho gl
Why did you hold the stock? It had had a negative nav for a long time. Obviously you don't know how to invest..
I held here for a long time .. hence my interest AND disappointment on how it all turned out.... Obviously some here cannot read .. but hey ho .. here goes... NO RETURN FOR SHAREHOLDERS (from the RNS).. how many times do you have to say it before it sinks in???
On a mobile phone so can't set anything.
nice to see your opinion as a strong sell
It could have delisted a year ago.. it hasn't. The auditors have said they will stay on until the end of the year at least.
Channel Islands could be the holding company.. the subsidiaries on the Contintent which are controlled by the holding company could have tax losses to be utilised.
...someone also mentioned the Channel Islands 9listing) so not sure tax losses are relevant here... guys - this is exceptionally high risk - could delist at any time - no return for shareholders - wide spread... If you want a punt here .. fine.. but it has to be money you can afford to lose..
Maybe a charge towards 30s today?
Looks like a run back into the 20s? Nice.
Someone mentioned tax losses.. and maybe that is a reason it is still listed..
This one is a serious mover!
Punt money
Could do 150%
whats happening here? plenty of buys going through.
Lol doubt that
Same, target infinity