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I think Geremy always planned to pull away. He pulled away once before only to return after Henry Buckley left.( With 750k I think). The business has turned over 36m in 2 years. They are clearly doing something right. George has a great platform to launch this business. My issue is that Geremy sold us the vision and he should stick around to execute it. You don't ask someone to follow you on a journey and then sod off half way through.
Do you understand why he quit and put his son to take the punishment. He's not even a good father... And he didn't show us that he was good at management neither. He's a coward to me, nothing else !
When did he say that Alarno ?
Geremy said long term holders should hang on in there. Geremy????
I have supported this company with a large sum of my money. I bought into the serial entrepreneur Geremy, not Anne. I believed him. Geremy needs to explain. Not George, Anne or anyone else. Geremy needs to step back up on stage and take responsibility. If he does not this will be his legacy to investors. The vote to delist will pass as he has the majority of shares. He needs to take responsibility. Do not let your son shoulder the blame for this one.
It is questionable whether Anne can be deemed a reliable and trustworthy individual, as she only seems to respond when it benefits her own reputation and has been disregarding my messages. The decision to delist from the Canadian stock market, the only market where they were performing well, and to implement a 10X reverse split was a poor one. It was evident that the Aquis Mickey Mouse market was a risky venture. Despite lacking financial market expertise, they recklessly took a gamble and lost everything. Due to their irresponsible decision-making, it is highly probable that the board of directors will be subject to legal action.
The result of this illogical decision is catastrophic. Shares plummeted to an all-time low as there was no longer the Canadian stock market to stabilize the price, resulting in a 90% loss for us. Despite our best efforts to explain this to Anne Tew, she seems either dishonest or ignorant. Now that she has seen the outcome of her recommendations, she refuses to respond to investors.
It is imperative to emphasize the importance of sound financial judgment and accountability in the boardroom. Taking risks without proper expertise and understanding can lead to disastrous consequences. As investors, we must scrutinize the decisions made by the companies we support and hold them responsible for their actions.
No LeBadinho, the share accurately reflects a company that has changed direction more times than I have changed my sox. I don't see any of the companies that are doing well on Aquis crying that life is unfair.
Delisting is simply a way for them to avoid any more scrutiny.
Clowns led by jokers....Complete disgrace.
Looks like they have stopped emailing out updates to shareholders. I wonder if thats cut backs too. Poor.....
@fxray
if they will de-list they will have a better position to raise additional money for way better conditions because the company valuation is not anymore directly linked to the SP which is just unbelievable.
But everyone needs to make his/her own decision.
This company is as crooked as they come the CEO’s have rise shareholders for every penny we’ve put in and because they can’t squeeze any more out of us there’re delisting us.
As I see it, and I stand to be corrrected, is that if the vote supports remaining listed can they survive financially and if not we lose everything. De listing gives us a small chance of possible returns albeit a long way down the line unless they sell out to a listed company.
Numbers are okay.
Cash position as expected.
Question is the monthly burn rate to get a better understanding how far they will come with those 1.5mio in cash without raising some more money again. But this will maybe take place after the re-evaluated pricing after going from the market.
Lets wait and see. Q1 fins should be out at least in May. This will be a good indicator
And yest the SP continues to fall...is it possible for it to go into negative?! It might as well be!! So has anyone any idea what happens if the company delist? What are the implications for the LTH who are already 99.4% down? Will be remaining 0.6% just disappear?!
https://www.investegate.co.uk/goodbody-health-ltd--gdby-/rns/2022-audited-financial-statements/202304210700039677W/
£10 million turnover. I have disagree about Anne. She is a really nice lady.
The biggest mistake is the delisting from Canada. It was holding the price for the other mickey mouse stock market. By delisting, the lost 10X... Good job Anne, get retired now !
You take anything coming from Anne mouth????
Anne will leave the company by end of May.
So if we/you need to be convinced by the management/business story all of you should contact George on linkedin. Maybe he will then make another video interview to share his view why they are doing this step.
If we are to believe the board we need to know if it is worth buying more now before they are delisted. I believe they will go for a higher price once they are off the market. Lebad can you put this to Anne the next time you speak to her? Thanks
@MPBUK
if you sell now, you will get wiped out. Otherwise you will hold a part of goodbody health. I don't know how many shares you have.
And we will get what exactly? Is this the final move to entirely wipe us out? In my case they are 99.3% of the way there already.
nobody knows. Only GDBY guys do. I don't know what is on their table. AIM cost at least 3mio pounds for the first uplisting. Don't know what the yearly fee is.
If they have been able to increase the company value within the next 3 years, i think they will sell it before AIM will com into play.
Do we have to wait 5 years before a relisting can happen?
well. from my perspective it is different. If you/we buy shares now, you increase your part of the company.
f.e. if you currently hold 3.6mio shares you own 10% of the company when it is delisted. After delisting you will only be able to sell your portion of the company in a one-to-one seller <-> buyer connection managed by JP Jenkins.
They see the current market as a problem to really show the true value because it is always related to the SP. They talked to financial advisors and other marketeers. All shared the opinion that GDBY is worth more than the current market cap.
So if we buy more shares before they are delisted will we see them gain in price once delisted? One to ask Anne