Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Shocking news for the pi's. Sad day for AIM !
Davey50 the atom shares will/could go to pay back the outstanding 12m loan to guess who ?
The same will happen at atom, controlling interest and loans with high interest rates.
Not here brag, parky, but tell tale signs been showing 4 long time on sinking share price, discount placing was major sign, ect, good riddance of PL been total failure investment argentina, sad day 4 investors.
Way past the point of selling for me. 15p yes but 9p no, if you really need the money I get selling but ATOM shares are currently worth 40p delisting or no delisting so I'll just hold them off market unless the price recovers
Sorry to hear that. All too common on AIM. GLA in your future activities.
LWHL this company has been rinsed for years and many of the things you mentioned do apply, the oil side went and now the rest of it is going to guess who ?
Can't see it being a good day for Atom either
Not a good day for the Aim mkt and will no doubt you will have Steven49 coming on saying "I told you so"
While I absolutely think the government should be doing much more to make the UK a more investment-friendly place, these recent AIM cancellations, if the trend continues, will require rapid state intervention.
I have no comment to make on this particular name, as I am unfamiliar with them (apart from just having read that RNS), but my overall impression of AIM directors is almost entirely negative.
Most pay themselves stupidly large salaries, irrespective of company performance; there are far too many examples of irregular trading patterns (especially just before good or bad news) and not nearly enough done by the authorities to tackle it, IMO.
To repeat - I am not making these accusations against this company - I have no idea if any of the above applies to this one.
IMO, right now, it looks like this is being used as an excuse for some outfits to keep the rewards of future success to a far smaller number of investors (especially freezing out small PI's) - many whose holdings in these types of outfits will be in ISA's - and therefore not in a position to transfer holdings over to a private listing, should they so wish to.
As a holder of several AIM stocks myself, this is starting to look troubling. It is one thing if an AIM holding goes bust (had a few of those!) - the risk you take with micro caps - but if this is going to start happening with those AIM outfits that are actually solvent, then this is one of the rare occasions where I would support more government intervention in business.
What are the thoughts of others here?
And sorry to holders here who are not necessarily going to be in a position to move forward with the de-listing, assuming it gets the votes to pass.
Sad day for me as well. I've got loads of these. I've done this game 30 years+ and right now this is the closest I am to quitting. I've been saying to myself do not become like the rest and day trading but now you see why people do it now no bullets. Got numerous stocks suspended too....fun times !
Yesterday C4x Discovery Delisting from AIM. Yet another one unable to find the benefits of remain listed. We seeing a trend here. Sad day for London.