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Any life out there???
Maistro now added to Asset Math platform:
'Asset Match is very pleased to announce that in the last two months we have welcomed three new companies to our platform. These are Safeland, Eight Peaks Group and Maistro.'
https://www.assetmatch.com/app/OurCompanies/CompanyProfile?companyId=1389
Great...... Another one bites the dust :-(
All sells are showing as buys. My 89720 sell, showing as a buy.
**********ers.
Well done for trying, had my doubts about it succeeding. TW and his cronies rarely win in this corrupt world. ATB for the future.
Good luck Cagney, hope you and everyone else manage to make it back elsewhere.
We didn't have enough shares in the email list to take it forward or make a difference in the end.
Who would have thought it, listed for 18 months and delists 6 months after a large placing / Open offer / statement that they will maintain the listing.
ATB.
Well my dear ITIS,i SENT YOU MY DETAILS THE OTHER WEEK AS i THOUGHT THAT WE COULD STAND A CHANCE OF HOLDING ONTO THIS ,BUT IN THE END THE MAFIOSO ARE A CRAFTY BUNCH.So dived out today ,sold my 358k at a loss of just short of £7k,what money I got,I've gone and added to my Widecell holding,never count yourself out with this stock picking lark,mind you', I never learn!All the best mush,put on a happy face.
97.23% voted in favour... surely that cannot be right? Dodgy to the end... GLA.
delisting passed, they walk away with the cash they raised.
All are buys, shown as sells.
No major holdings updates from the email list since the last update, still at 17.9m shares,
i did contact n+ and the aim regulator last week, ive not had a reply yet, but i think we cant really take it anywhere without more shares.
On the plus side if spreadex (24.5m), intertrade(20.3m) and everyone who emailed me their holdings (17.9m) vote against the delisting then we would only be about 20m shares short of securing the listing. (229,276,206 being <75% of the vote based on ~310m total votes) assuming they have not purchase more to vote FOR in the open market.
the email list : 17.9m
+ intertrade at 20.3m
+spreadex at 24.5m
+Board indicated shares 229,276,206
= 292,066,947 shares
We still do not know how intertrade or spreadex will vote (if they vote at all), but it they read this - a tweet from them with their intention would be very helpful.
Still high risk, cant say either way.
Sp. Tick up !
SpreadEx buying - taken 6%?
I only bought when it dropped thinking 4 weeks anything can happen.there were lots of sell at 0.20 level but mms wouldnt let u buy.nothing is as it seems gonna hold till the end
Is Another one today, proposal to delist backed by large shareholder, slightly different there to here, the shareholder has nearly the 75% on their own so it can’t be stopped over there, but they have offered to put in place a “matched bargain facility”. Who is next ? Bagr if Shandong so eventually buy a majority stake? It seems to be happening a lot lately, Is this just another way for wealth or asset transfers for the major shareholders to avoid paying tax ?
Were they panic seller
Intertrade sold a few on 29th, now just above the 5%
Here's the full text of section 4 of part III of the whitewash circular:
INTENTIONS OF THE CONCERT PARTY REGARDING THE COMPANY'S BUSINESS Each member of the Concert Party has confirmed to the Company that they are not proposing, following the Subscription, to seek any change in the general nature of the Company's business. Each member of the Concert Party, and their concert parties, has also confirmed that, should the Proposal be implemented, they have no intention to make any changes regarding: - - - - - - - - the Company’s future business; the Company’s research and development functions; the continued employment of employees and management of the Company and its subsidiaries, including conditions of employment; the balance of the skills and functions of the employees and management; the strategic plans for the Company; employer contributions into the Company’s defined contribution pension scheme (including benefits for existing members and the admission of new members); the redeployment of the fixed assets of the Company; or the maintenance and continued admission of the Company’s ordinary shares to trading AIM. As such it is expected that there will be no repercussions on employment or the locations of the Company’s places of business, including on the location of the Company’s headquarters and headquarters functions
______________
The question now is whether intentions are the same as undertakings and IMO sadly they are not. I don't see the delisting being halted on these grounds, it will have to be stopped in the vote on 13 June. Best of luck to all holders.
Riddler's link from yesterday is still working:
https://www.maistro.com/investors/whitewash-circular/
Now that does look half dodgy Looks, they can update and remove that quick enough when it suits, but come to updating the shareholder page and it’s still waiting since January.
Can't see the Whitewash circular on the Maestro website. Have they taken it down?
Just received the following MAISTRO PLC - Important Information Proposed Cancellation of Listing on the Alternative Investment Market (AIM). Important Information & Other Key Dates: The Company is proposing to cancel the admission to trading of its Ordinary shares on AIM. The Cancellation is subject to shareholder approval at the General Meeting of the Company to be held on 13th June 2019. Subsequently, it is expected that the last day of trading in the Company's Ordinary shares will be 28th June 2019 and that the Effective Date of the Cancellation will be 28th June 2019. You should be aware that if you have not sold or otherwise transferred your shares prior to the Cancellation of Listing, you will not be able to sell or otherwise deal in them on the AIM after that time. If the Cancellation becomes effective, the Maistro Plc shares will no longer be listed on a Recognised Exchange and will no longer qualify to be held within an ISA product. Should you hold these shares within an ISA, we will transfer your Maistro Plc shares to your Share Dealing Account once the Cancellation becomes effective. If you do not have a Share Dealing Account, we will arrange to open one for you. Should you retain your holding of Maistro Plc, we will notify you on receipt of any further information from the Company. Should you wish to find more information about the Cancellation, please visit the Maistro Plc website, www.maistro.com.
spread a bit more appealing now... as for 1000%... doubt it but 50% from here could be possible. HIGH RISK however.
GL.
Just gone through someone’s accumulating