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Received a message from HL this morning...does anyone know if I do nothing will these just relist if/when the reverse takeover is completed? Or do I have to speak to HL?
Everything that's happening to our shares was documented in the last RNS - the management are still working to IPO to the main market, nothing has changed - except a spreadsheet total - hopefully if successful we'll see this re-open on the main market in the coming months !
No, but my shares on II are currently showing a 100% loss. Re. other commenters on here, hoping it will still list, but HD have not tweeted since 10 Jan, and they were very full on beforehand. Having to hope for the best, disappointed at the total lack of info from HD, and thinking this is a terrible advert for the SPAC model which we were being encouraged to think was a brave way forward (not that I am trying to shift blame for my own decisions. It was always risky so if I've blown my modest gamble then so be it). Hopefully it may rise again. Or it might not. Glad I didn't go in harder.
Guys
I have received a letter from the broker where my SPC shares are held (nominee account) stating that they are being moved to JP Jenkins, a matched bargain trading facility. Has anybody else had a similar letter in the last couple of days?
Agreed, seems like the only real option is it sit on this loss and hope it comes back. Had hoped to make a quick buck on a spac play but lessons learned here.....we wait and see
Is that because Theresa May and her husband are main shareholders in GW Pharmaceuticals. one of the biggest cannabis cultivators in the world? Didnt you know?
.."While we have a tory government in the UK we will never see far left listings like a cannabis cultivated company listing in the uk.."
Actually, even the conservatives are catching up with the increasing evidence of the medical benefits not only of cannabis but also psychedelics as effective treatments for a wide range of mental health issues , from addictive and compulsive behaviours to depression and PTSD/trauma.
See the website of the Conservative Party Drug Reform Group https://www.cdprg.co.uk/research
If they was clever they would list in Europe as the cannabis sector in Europe is becoming increasingly welcomed by various e.u governments. Germany are cannabis wild id recommend looking there to list. While we have a tory government in the UK we will never see far left listings like a cannabis cultivated company listing in the uk
I believe this is the reason for the delay ! It has always been a gamble, it still is ! GLABy reason of the nature of Hellenic's business, however, it is necessary to obtain various legal opinions in multiple international jurisdictions and, in relation to certain of these jurisdictions, to undertake extended due diligence
I work in the regulated market, its taking the FCA 3 X's the normal time it takes to deal with any administration. ATB
Iam going to wait it out as well as said 8 weeks and then we know where we will be dead in the water or pounds in ????
I believe this will happen - it just needs patience - however you must do your own research - I’m sticking with it too - 31st March is around 8 weeks or so - I’ve came this far so another few weeks won’t hurt !
Think this will be fine, delay purely down to FCA and out of there control
I don't agree, I think it will be fine
I emailed and got a response from Peter Jay he said there will be an announcement in the next few days and nothing untoward is going on .
This lack of information is really disappointing. Is there a plan? Why not tell us what the next stage is rather than keep us waiting. I have 100K but guess it looks like a waiting game now
Sorry 1.8 million shares . Play with fire you get burnt I suppose!
I’m hoping for a RNS tomorrow stating that there is a delay in listing of up to a month due to FCA issues . We should all be kept up with the latest goings on good or bad , it’s been fat too long now ! A new medical cannabis company will take a lot more to get over the line so let’s all hope the news will be good ! I’ve got 1.7 mill of these which is a lot for me to loose ! Regards JP
Thanks for the info.
Reluctantly written this off in the meantime as a loss in my spreadsheet, let's hope it relists at some point, it can happen I unexpectedly recovered my total loss in Nature Group after it delisted around 2018/19
It may be due to the delisting
Just read about that below.
Yes mine too.
When I looked today at my holdings today on HL they are listed as N/A.
Has this happened to anyone else?
Thank you Magoo and hopefully you will not have to wait 2 years my friend. Confident this will come to fruitation very soon.
Jones2810 excellent thanks for posting the reply from Peter, appreciated. He has not broken any rules, as I can confirm that BOU had a PR team acting on behalf of Dr Allan Syms., chairman. This was to stop all the insulting, panic riddled emails that he kept getting. If you come across professionally and friendly you get help. Example of one of the replies I received was:
"Let’s hope so and hopefully the next email you get from me will be attaching an announcement, which with a fair wind looks like next week now." That was March 2021. Bould returned as Cizzle on May 2021. 13 months after cancellation on AIM. People can think I made that up, fair enough, but I am withholding my name and the PR MD's name, for security purposes.
Counting Cards - Thank you - I'm happy to wait two years if it IPO's at the same price as Cizzle - 5.5p or there abouts - thanks for your experience - it's sets expectations !