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Looks positive but never know.
Thanks barney for finding that. As no doubt you realise it must have been a sale on ISDX because as you said correctly it is suspended on AIM. You would have thought that the ISDX website would show this also, but they do not seem to have got their act together yet.
0.75p 37602 shares 1:58pm
Sell of 37602 at 0.75 on aim not sure how when suspended
No buys today Can't get lse For chat to load up
Hi zatcha - was writing my post at the same time as you!
Yes indeed. With their connections in the City, one would expect Manish Karani , Peter Moss and Charles Goodfellow to be able to arrange the Nomad appointment. The Nomad has to carry out due diligence before accepting appointment, which obviously takes a while, but IMHO should be achievable in the time allowed by AIM. They may well have been aware that their Nomad was going to resign due to the company's change in direction. All will become clear!
Theyve stated as follows: Tengri is pleased to confirm that it has now initiated discussions to acquire a company in the health care sector, which would constitute a reverse takeover under the AIM Rules and ISDX Rules. Whilst these discussions are at a preliminary stage and there can be no guarantee that this transaction will be completed, the Company can confirm that the discussions with the potential replacement Nominated Adviser referred to above form part of these early stage acquisition negotiations. So the Potential Replacement Nominated Advisor is involved with the negotiations. As we have 4 weeks we should hear about the replacement and more on RTO.
It will show as zero value because it is suspended. Thats normal.
I note also sainpeter that a nomad has to be anounced withnin the next 4 weeks!
I note that the CUL holders have until 9 May 2017 to convert to ordinary shares and that the company needs to have an RTO before 1 June 2017. It's possible therefore that we will not have the RTO announced this year and may be not for several months. It's a case of wait and see and check each day as to whether anything is announced. ISDX is not showing any trading in the shares at present as far as I can see. If so, I am not surprised as a purchase would be dead money for the moment and why sell when eventually we could end up with a handsome profit.
In my share account the name has change to Forbes, with the same allocation of shares as I had in TEN but they are showing zero value.
They need an RTO first!
I have tengri shares that are now frozen but no shares in forbes ventures will they be transferred over without me doing anything.
http://www.lse.co.uk/SharePrice.asp?SharePrice=for&goButton=Go
Found it..
Where is the RNS confirming the name change?
Can't get ticker (For) to find anything yet
Name changed
I note that he has imperial college connections which work with the so called golden triangle start ups.
Bit of experience in healthcare.. http://www.talent4boards.com/guild-acquisitions-appoints-charles-goodfellow-manish-karani-board-directors/
What makes you think that is a sell? It looks more like a buy to me....that being said, you would think it would have done something to the share price!
looks it wonder who sold if it is a sell.wierd as it was 4p a couple of weeks ago why they didnt sell then looks a major holder
New nomad coming on board soon along with the new name and new company. No need to vote as majority in 1 holders hands. Im hoping for a quick turn around on return.
Sowwy, I had a good laugh at that!