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90 percent chances are that this will delist or go into administration. It going to be , nothing in for us, unless the regulator steps in.
yes I know just asking what if.... looks like its not going anywhere...
It isn’t delisting it’s suspended.
whats happening with us after delisting? There is a huge chanse just asking what we can get?
Another worthless news.. nothing moving on ground lot of hiring on the top but no action for the last 2 years
https://in.tradingview.com/news/reuters.com,2021:newsml_L8N2SJ04C:2-moves-wizz-financial-hires-revolut-senior-exec-as-ceo/
We can only hope
This is most probably going into administration given the current situation. It’s a pity the regulator seems to be non existent in this case.
Apologies for repetition.
There is no comfort, surely, for ex-Finablr shareholders in either of these reports on ex-Finablr subsidiaries? They were both insolvent and both have been in the hands of their creditors for quite some time. Finablr’s businesses have mostly been bought by Prism for £1 and merged into Wizz, haven’t they? Anything the accountants can get back from whoever took the money will go to pay off part of the outstanding bank loans.
There is no comfort, surely, for ex-Finablr shareholders in either of these reports on ex-Finablr subsidiaries? They were both insolvent and both have been in the hands of their creditors for quite some time. Finablr’s businesses have mostly been bought by Prism for £1 and merged into Wizz, haven’t they? Anything the accountants can get back from whoever took the money will go to pay off part of the outstanding bank loans.
Whilst my stockbroker still has Fin in my portfolio I remain hopeful
Something cooking!!
Finablr PLC
12 November 2021
Finablr PLC - Appointment of Auditor and termination of director's office
Finablr PLC
12 November 2021
Finablr PLC (the "Company")
Appointment of Auditor
The Company announces that the Board of the Company has appointed PKF Littlejohn LLP ("PKF") as the Company's statutory auditor of the Company and its subsidiaries with immediate effect.
Termination of Director's Office
The Company announces the termination of Mr. Binay Shetty's office as Director of the Company with immediate effect.
END
Well I'm reading it as extremely positive. I think Bowlers must have some insider info lol
Just about.
On a life support machine at the moment.
Somebody please explain. Are we still alive?
Couldn’t agree with you more, echo your sentiments on having this coming back, but looking at the current state of affairs I guess a civil suit last year would still have helped to salvage something, now it’s too late though.
I agree with Rob.
As much as I want this to come back to live and salvage something, I think it's a write off unfortunately.
I hope I am wrong.
GLA.
Gut feeling
I don’t think so, looking at what’s happening to the core business of the group - this as as good as dead.
Anything concrete or just gut feeling?
I think relist imminent