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Brilliant start to the day, ffs.
Not ideal at all. I am in a SIPP so will stay invested. This is what the AIM and all it's manipulators are bringing to retail investors. I am miffed, but not at all surprised.
GLA
Danno
Will probably fall to below 0.20p this morning. Not a good start to the day.
This is not good 😡
Hi all fellow investors. Does it mean, company will be listed on AIM?
YES.
Thank you 🙏
Not it’s not
It’s going private
Apologies.
I misread as delisted.
Sorry for the mistake.
I don’t think so. I think they will look for investment and relist on Nasdaq ….
It's not listing on AIM, they are taking shares off the market with a view to hopefully coming back on NASDAQ.
No Elek. It’s being delisted from main market and going private. We could still potentially trade on the OTC but that’s dire. I will hold and hope they make a debut in the US one day.
Thats exactly what I intend to do. Its not said anything about a NASDAQ listing and not going to guess they do but no point in selling for me if what they say is true about being debt free.
Potential future Nasdaq listing is mentioned in rns
How do we trade shares on OTC once delisted from AIM if held in an ISA? Presumably the share value will still have fallen by the 70% experienced today, so what's the point? Going private seems to be a common course of action among AIM companies. It seems our best course of action is to sell all our AIM stocks sooner rather than later and stick to the FTSE companies, which is a shame.
Appreciate your reply BC2021. I never read the appendix as it was not showing on small tablet. Thanks for clearing up.
From recent experience with C4XD
You can keep your shares in a SIPP (or should be able to) to you cannot keep them if in an ISA.
OCTP is not AIM.