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Depending on news flow the last week before suspension ie Monday 30th Sep to Friday 4th Oct could be an opportunity for contrarians to buy low. BUT positive news may send the sp higher.
C R I T I C A L I T Y dates Friday 4th it is possible suspension will come at end of trading after 4:30pm but not exactly sure on this. Possibly suspension could be on Monday @ 7am - 7th Oct
Thank you Jace. Appreciated
Not that I reckon it'll go that far...
No - 6 million is only if they become an investing company. A bit like RBD or KDNC for comparison.
They can re-list as anything on success.
Apple, So if there is no RTO by 5 Oct BOU is suspended and then needs to raise £6m to be re admitted? Forgive my naivety. As previously posted back in May this situation is very much a learning curve for me
Best of luck rnorth...
i went in deep with DRG for the same reasons, and got well and truly dumped on :-(
Stolen from another board
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He who larfs last, took longest to see the joke
Good post. All facts. Seen sell offs at end of RTO timeframes. Depends if you’ve overstretched yourself, on your appetite for risk. I’m all in here now and happy to sit with it in through suspension, I’m that confident all the facts point towards a good RTO target.
C R I T I C A L I T Y........check the Rns in my previous post.
Friday 4th October will not suspend until aternoon pm or after trading at 4:30pm, or until Monday a.m. on the 7th Oct. Not too sure on this. However, from today we have just on 7 weeks counting all the weekends.
Many will hold, many will sell late on Friday 4th.
IF you are a contrarian investor as i am, many will hold or buy more on this day. Depending on any news leading up to the 4th (Friday). It is not guaranteed if the sp will drop. Depends on whether there is a massive sell off or a flurry of buying but indications from previous RTO's going into suspensions indicates a sell off.
IF ANTOS has not ditched any of his holdings, then this could be a good sign even if we suspend. I'll be buying more if he still holds or buys more.
Depending on news flow the last week before suspension ie Monday 30th Sep to Friday 4th Oct could be an opportunity for contrarians to buy low. BUT positive news may send the sp higher.
C R I C A L I T Y dates Friday 4th it is possible suspension will come at end of trading after 4:30pm but not exactly sure on this.
Absolutely Jace86,
All in good time. The commitment and drive from the team so far encourages confidence.
For those who want to believe, such Complicated deals are quick and wow am rich.
Think, Antos didn't start this deal and his moves and signifcant holdings, and buy the warrants because of you and me. He had an ambition, he started working towards it, we are the fortunate ones to have found Bou (although most were here before Antos showed up).
In short, such things as this take time, look at Bids, Evrh to name a few.
Simples
Stolen from another board:
"the stock exchange is the flow of money from the impatient to the patient"
Longer timeframe than what people are suggesting. Not worried. Sit on your hands.
5/Apr/19 - Resolution passed
2. THAT the orderly wind down by the Company of its operating business be approved with the result that the Company shall become an AIM Rule 15 cash shell.
3. THAT the name of the Company be changed to Bould Opportunities plc.
9/Apr/19
Following shareholder approval to close down PhotonStar Technology the Company is now an AIM Rule 15 cash shell and as such will be required to make an acquisition or acquisitions which constitutes a reverse takeover under AIM Rule 14 (including seeking re-admission as an investing company (as defined under the AIM Rules) on or before the date falling six months* FROM SHAREHOLDER APPROVAL (approved at the GM on 5/April) to close down.
PhotonStar Technology or be re-admitted to trading on AIM as an investing company under the AIM Rules (which requires the raising of at least £6 million of new equity funding)
**5th April to 5th Oct is 6 months