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7 more days till the new nomad is announced
Yes, agree Chiefton. The next couple of rns’s Will be interesting this month. News on hopefully some of the following 1) new Nomad 2) CFO announcement (if you read Advfn - sounds like he maybe already in place) 3) new Ned’s to replace the 2 board members that have gone 4) CEO news 4) New contracts 5) statement from new Chairman on the way forward... here’s hoping...
Well BNN is certainly turning out to be a rollercoaster! Bancroft had to go in my opinion, and Harry Keily hasn't handled the allegation issue that well if you ask me. So maybe for the best. Mark Hanson has a wealth of experience in the region so is probably a better fit. Onwards and upwards!
Deckchairs on the Titanic or a chink of light...I'm not sure http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/BNN/13493995.html
The monad resigns as from 9th Jan , they have a month to replace , so 9th Feb. That is how I understand it. They then have till end March I think to lift suspension as that is 6 month anniversary of when suspended. So pressure on !
9th Feb.
Thought they had till the 9th to find a Nomad ?
Nomad resignation RNS should have been accompanied by a Nomad appointment RNS, more fish....
Thank for info Chiefton, I see what what you mean about Trolls on ADVFN put you right off shares but 1 or 2 decent contributors,
Avoid ADVFN...
Albanylad, advfn is the main one but there are a lot of trolls on there that post negatively for there own agenda, not just on Bnn but all shares. If you can filter them out you can get some decent posts. Although take anything you read on a BB with a pinch of salt. Michael Walters site has a very good discussion board but is a paid for subscription. £75 per year. But you get good articles and Commentry off MW. He covers Bnn amongst numerous other share tips. Hope that helps I too am sat on big losses at the moment!
I hope your right and things are sorted, I am sitting on a very large loss with these shares. Can I ask where else you find threads on this company I can't find many, I use iii but iii as well but very rare anything on that site. I hope new directors and hopefully new CFO can sort something out. I would have thought if a company of this size would have known about the resignation of brokers they would have already had replacement in place to announce at the same time as the resignation. Lets hope for some good news soon.
Yes the News yesterday was very down beat, although were the NOmad resignation is concerned I'm sure BNN were expecting this and from what I have read on other threads are already in the process of appointing another Nomad, as are in discussions with a number. Given the recent antics at BNN this can only be a good thing . Where DM's loan is cooncerned it does seem like a pig in a poke, it seems to be a long going saga that is tainting BNN with negativity and needs adressing asap. Hopefully the new Neds which have been appointed and the imminant CFO can help sort this out and get us into a position for the suspension being lifted. Under the time constraints BNN now find themselves it is going to be an interesting January, expect a few more RNS's in the next few weeks. And fingers crossed our Chairman and new board can sort this out. Their back grounds all point to a wealth of experience, so lets hope so!!
Very disappointing news yesterday! But I’m sure there will be plenty of news flow this month, to address yesterday. Chairman & new NED’s will resolve these issues, but need to move fast.
Resignation of Nominated Adviser BNN Technology (AIM: BNN), a London-listed Chinese technology, content and services company, today announces that Strand Hanson Limited, its Nominated Adviser, has resigned with effect from close of business on 9 January 2018. The Company's ordinary shares are currently suspended from trading on AIM, and such suspension will remain in place. Should a replacement nominated adviser not be appointed prior to 9 February 2018, the Company's AIM admission will be cancelled.
Have to agree, this is fishier than a Grimsby trawler and no doubt Mercer will walk off into the sunset with the FCA turning the usual blind eye, ho hum.
Looks like we have had it matey.
NOMAD gone, Mercer paid back nothing and still wriggling around, further investigation. A total disgrace, Mercer can't continue in any capacity now, he's totally toxic to any chance of this coming back, unbelievable.
yes very positive RNS, his resume reads very well, lets hope for an RNS on the new CFO followed by one with new CEO. Lets hope they hit the ground runnning very early in 2018!
Another good appointment to the board announced on Friday & positive statement from the Chairman. Hopefully plenty of news to follow early January.
Early December or beginning of Jan 18 imho... it’s all about finding the right CEO & CFO with the right exposure to this industry & the Chinese market place. hoping we may here some news in conjunction with appointments regarding Q3 results & developments going forward with new contracts from DM... all about timing with the Chairman now...
Anyone on any thoughts on when the share suspension could be lifted , do we think it will be this seide of the new year?
RNS - governance and culture issues with CEO. No concerns over trading mentioned.
News very soon - not all lost by any means
Albany, the allegations that lead to the suspension of the 2 directors and which are being investigated by PWC. Which has been communicated by BNN in recent RNS. Keep up lad!