Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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bmz up 300%...gwin should go up on restoration but I will be happy above 2.5p to start....
Make that 160% on BZM
Just took a look over at BZM. Risen over 100% today on Finance Update & Restoration Of Trading. GWIN's turn next.
good luck guys hope this come good they only have until end of march to sort this
it's Gowin considering the NOMAD's and deciding which one to go with and not the other way around. Everything points to them having a NOMAD in place before the suspension is up, you would think there is no problem considering the measures put in place and Choice coming on board at 2p. You never know though, but I am an optimist and if everything does come good then we'll see a very sharp rise if this starts trading again!
I agree that suspension will be lifted IMHO. I'm sure there'll be a couple of replacements in the pipeline considering they get paid pretty handsomely for not doing a lot. Words from the board back in September: As the Group continues to restructure, there may be volatility in business results in the short term. But the Board is confident about the future prospects of the Group's business and believes shareholder patience will be rewarded. That was 6 months ago. Look how much restructuring has taken place since then. This could really be a very special turn around play. LED market growing year on year with expected global growth to reach £48 billion by 2020. Also talk of acquisitions by the board. Let's get back to trading on AIM and see what the BOD have install for us. LET THE TURN AROUND COMMENCE!!!
Thanks for the update. I'm feeling good about this one. Invested shortly before suspension and was fully aware it was on the cards. I'm looking for this to be out and performing strongly in next few weeks
I asked the reason for Cairn resigning as our nomad? There was nothing sinister going on that we should know about, just cairn had "bigger fish to fry". No bad feeling between either company. Definitely puts my mind at ease. I was also told that the company are in the process of finding a replacement. Announcement in due course. Which we already knew. Was also told the reason for the ISDX listing was to keep liquidity in the company for shareholders until replacement nomad is found. Nothing we didn't already really know, but it's nice to actually make contact with someone connected to the company. Let's hope it's not too much of a long wait for announcement
thks,please do
I had a chat with Alexander David Securities Limited earlier, our broker. Will post info later
waiting for new nomad agree 100% with yesmerve
so what is going on here now ?
ISDX must've done there due diligence on GWIN for them to be aloud to trade. Here's a couple of key points from the application for admission document: 1) In parallel with the application for admission to ISDX Growth Market, the Company is in discussions with alternative AIM nominated advisors with a view to making an appointment in due course.........That statement sounds a lot more bullish than the one we recieved via rns on Friday. 2) Reasons for Admission to ISDX The company is seeking admission to the ISDX Growth Market in order to: (i) Maintain liquidity in its shares; (ii) Enable the Company to issue shares to finance acquisitions; and (iii) Enhance further the Groups ability to exploit growth opportunities, particularly in China........More bullish statements from the board 3) 59% of issued shares are not in public hands. Has there been a sell off over the last few weeks?! No there hasn't. New Nomad news will come in my oppinion. The biggest statement of all for me is the appointment of Dr Irelan Tam as new CFO. I'm thinking some sort of tie up with johnson & johnson Asia. The wait continues, but I can see blue skies ahead. DYO. AIMHO
Not sure if anyone's read this on GWIN's page on ISDX. There's a couple of interesting points on there. http://www.isdx.com/infostore/Company-Accounts/GowinNewEnergyGroupLimited/ISDX%20Announcement%20Admission%20Application%20Clean%20250215.pdf
Not enough shares have been sold in the last month let alone since the placing to justify a sell off. There's not been one. Which I'm quite surprised about myself. Nomad is enroute. Happy weekend
did anyone notice how many shares getting in to the suspension day by day ,can the market survive? i am not sure ....and the price falling .there is hardly any rise
Tried with my broker and it would let me. Not that I did though. Looks like they listed on ISDX to keep ticking over until they make nomad announcement
Try to trade on this
On the plus side, there's been one small buy of 22k on ISDX. That's shares not pounds. Now the wait begins
The website accessed by the link still shows Cairn as the Nomad. The ISDX site does give the listing but I am becoming sceptical
Gowin New Energy Group Limited Clarification re: trading Company shares on ISDX Print Alert TIDMGWIN RNS Number : 1160G Gowin New Energy Group Limited 27 February 2015 27 February 2015 Gowin New Energy Group Limited ("Gowin" or the "Company") Clarification re: trading Company shares on ISDX Further to the announcement made by the Company earlier today, the Company's shares continue to trade on the ISDX Growth Market. For further information please visit www.gowinyichia.com or contact the following:
I'm still confident there'll find a replacement nomad within the 28 days. im happy to just sit back and wait for the news. Considering you can still trade on ISDX there's not been any sort of panic sell off. Anyone concerned just go back and read the last few bullish statements from the company. It puts my mind at ease anyway.
still tradeable on isdx(1 trade went on)....let`s hope they will be fast and come back out from suspension(afterall is just 1 year that are on AIM)and the quickest the better.Maybe to sort out a new nomad takes more time than they thought....
Further to the announcement made by the Company on 26 January 2015, the resignation of its nominated adviser, Cairn Financial Advisers LLP, became effective as at the close of business yesterday. Whilst the Company is in discussions with replacement nominated advisers, no appointment has been made at this time. Accordingly, the Company's ordinary shares will be suspended at 7.30 am today pursuant to AIM Rule 1. If a replacement nominated adviser has not been appointed within one month of today's suspension, the admission of the Company's securities to AIM will be cancelled.
the trade will go through isdx