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What?!?! Just looked in and can’t believe it’s relisted and then states Bolt has fallen through. Suspended at 17p and now down here. 18 months to wait for this….I need a drink!
Opening and closing tomorrow..........long time since I have had a share drop over 80% in one afternoon...........is a repeat on the cards.........god only knows.........bottom drawer stuff now.......scandal the way this relisted today.
Given this is mainly owned by a few holders and they will want to do a deal it’s not a dead duck imho.
Very small free float so it can move quickly
That’s a good question, can only presume that the regulations dictate that once one RTO breaks down then trading has to resume even though presumably it will be only a matter of days before they announce the new partner when they may have to suspend I’m guessing, does seem crazy doesn’t it but as long as they can get this new RTO sorted very quickly then at least can move forward finally.
But if they do have another company lined up, why unsuspend trading of the shares? That doesn't make sense IMO.
That language used suggests that they must have a different company lined up then? Otherwise like you say it wouldn’t make sense to bin off bolt like they have would it.
already sellers leaving at a loss, net assest circ £100k, 19 million shares in issue so net asset per share less than 1p, good luck if you're in, far too risky now imo
Well we a miracle to get out of this mess.......cheers
GSB are a gold producer ,their main man Mr Heist has a very large stake in GCG and was originally rumoured to do the RTO but a ongoing court case at the time tied him up but now that is settled he is free to RTO into GCG
am i missing something here?? cash was only around £100k and they've issued convertible debt at just over 3p
how on earth was this valued at such a premium when at half year the net assets/total equity stands at only £100k
gcg have no money this is finished imo
JR who are GSB?
please guys?
I’d it does turn out to be GSB as expected who take bolts place then the sp should recover to well beyond 17p short term you would imagine so no worries.
F***king joke........4.375 to sell.......this shower should be strung up.
The boards own words in the RNS.
How right they are.
I find incredible that the shares were readmitted for trading at 13:00 and the board can’t get an RNS out until 15:11. Complete incompetent and a major disappointment in every respect.
Fat lot of good that does now ......shower of *****!!!!
Fcuk........no warning......just relist ......and crashed........FFS !!!!!!
NOTICE OF RESTORATION OF LISTING FROM THE OFFICIAL LIST
05/04/2023 13:00
RESTORATION
Golden Rock Global plc
The Financial Conduct Authority ("the FCA") restores the securities set out below to the Official List effective from 05/04/2023 13:00:
Security Description
Listing Category
ISIN
Ordinary shares of GBP0.01 each; fully paid
Standard Shares
JE00BYZT0R68
This notice has been issued by Issuer Management - 020 7066 8352.
It said restoration of listing at 1pm
It hasn't said anything has fallen through yet as the company has said NOTHING
listed again fell trough
Yeah....... shouldn't really be posting on this BB other company details..........it's f***ing depressing enough with this shower !
Be good if it was GCG information regarding a deal date, rather than Cloudtag.
30th March 2023
30th March 2023
The Company would like to advise that the funds for the licensing agreement have been successfully deposited in an escrow account. The proceeds of both transactions shall be distributed simultaneously upon announcement.
The Company understands that the announcement for its DaaP sale will be made by the 5th of May 2023.
The Company would like to reassure shareholders that all processes of both deals are completed.
The Company remains under strict non-disclosure agreements.