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Things kind of started going down-hill towards end of last year.
They were fined for failing to disclose Drayson giving himself a bonus.
https://www.cityam.com/former-government-ministers-firm-sensyne-slapped-with-400000-fine-over-covert-bonuses/
Then there was a 'substantial' debtor that they were chasing (still no outcome on that).
Then a bunch of contracts that were supposed to generate money, but didn't. They then started whining about running out of money and not being able to continue, this bled into the Spring.
Old CEO left, there was some hope and hype with new CEO, but it's now clear the de-listing could not be avoided.
What happens now is uncertain. Best case scenario for holders would be them re-listing in the US.
Hello,
Not an investor, but I recently came across the company's name in anothe forum and began to research it. I wonder if anyone on here would be kind enough to give a short history of the company and it's SP. I can see SENS was flying high a year or so ago at 155p a share, and seems to have plummeted off the edge of a cliff. Would be greatful for any background you could offer
Dont give up hope even if it means holding your shares in the ltd company for 10 years!
Able to trade until 17th i think
How is it showing sell of shares if things have stopped.
Hi Guys, could not concentrate for work; alread lost all hope.
Anything to expect?
Almost finished this one, many more companies will follow in this climate.
Might take a small punt as something might just happen over the next 10 days.
Lord Drayson* 22.5%
Lansdowne Partners 8.1%
Hargreaves Lansdown stockbrokers 7.8%
Sand Grove Capital Management 6.6%
Gatemore Capital Management 6.0%
Interesting thing is there has been no sell off at all and if anything it looks like everyone is holding onto their shares.
I love your optimism but it's gone midday and there have been only four trades today.
Wouldn't be surprised to see some buying as it gets closer to delisting. It will move quickly if they let you buy that is
A few buys here and it could be a day traders paradise!!
Its a long term thing now. It could work out...who knows what the future holds for this company. But what i dont get is why the big investors approved....do they know something we dont? Why didnt they sell up...i
All I can tell you is another holding I have, delisted about 10 years ago. I have the same number of shares in a private company. Unfortunately since that time the is no market to sell the shares and they have paid no dividends. There is no price available. My only chance of being able to realise any value is either a takeover, or re-listing on an exchange. I have no knowledge about the likelihood of either and published information is much less.
Was that a 100k buy at the end of the day?
How will our shares move from one stock exchange to another?
Is this going to be the case where this company will de-list, then re-register as private company? If so, will this be as `reverse book building`, where basically the shares will be bought back from us, shareholders at a `fair` share price?
Anyone knows anything?
I’m very surprised that there’s only been 1 sell over £1k after the news. That 600k will have someone waiting for the news to drop
Interesting can sell but not buy...
There is value hence they are asking to re- register , main market or move to Nasdaq..imo From £1.80 to .90 . Someone does know what we have in front of us.
There's plenty of value still in the business.
Re admission at a latter date either here on the main list or usa...distinct possibility.
Can someone tell me what will happen now with us shareholders? I`m reading all sorts everywhere.
I am trying to understand why anyone is still buying after the RNS?
Looks like the NHS were advised to vote in favour.
Passed easily. Goodnight Vienna unfortunately, crooks.