The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Nearly had a punt on this....so glad I didn't. Think FCA has a few questions to answer about this outfit & what's been going on....
.....If anything dodgy uncovered FCA should come down on all involved like a ton of bricks!...
The last bit? Well it's been hiding a convincted fraudster from South Africa, falsifying previous figures, been suspended for ages, FCA involved, Broker is suspended .. it looks horrible
@aimofthegame6 - What do yo mean by your comment?
Big ShareP set of articles coming out on this one. Just read the first today. Looks horrible, sorry guys.
Very poor. I have assumed a loss on this
still nothing , no updates on website , getting a little tiresome now
They really need to come to the table with a) resumption to trading b) a stellar update to bring confidence back
Let's hope the delay was in part related to a huge deal been completed.....
Hopefully an update is imminent
Great news. The problem has been ejected.. Relisting must be close
Word on the street is he was 'asked' to jump. Two suspensions.. maybe it was time for a departure somewhere...
Reads flushing out the blockage to me....Did He jump ? At leat the Company remains trading for now and hopefully can get to re-listing soon.
new appointment, interesting ..... things happening in the background
its been more than 2 months now, how much time does he need??
This is a rapidly evolving situation, and we will continue to adapt and respond to developments as they arise.
We promise to keep you updated with relevant communications.
Please stay safe.
Sincerely
Gert Viljoen
What next?
that we crave?
This foreplay better lead to some special acquisitions in the UK and over in SA
Gosh - standard comment perhaps
Think they saying - dont mail us for information on an individual basis regarding info not known to market
This is fantastic news and an RNS - we must surely expect trading to resume in a day or two.
Thanks to the Board for getting this out - now let the rubber meet the road so we can see the potential and fruition of Umuthi.
Regulation (EU) No 596/2014 of the European Parliament and of the Council. Market abuse is a concept that encompasses unlawful behaviour in the financial markets and, for the purposes of this Regulation, it should be understood to consist of insider dealing, unlawful disclosure of inside information and market manipulation. Such behaviour prevents full and proper market transparency, which is a prerequisite for trading for all economic actors in integrated financial markets.
Wonder if this is the part of the regulation ? It would explain why the FCA have not allowed the Company to start trading again as the investigation has opened a can of worms...
Let's hope so. Could be worth the wait. Meanwhile take a look at Mac if you what a sideshow. Gla
Sounds like 24 hours to trading
an update telling us nothing (apart from there's clearly other issues at large here )
Before we get to Labour Practices what about the King IV code and ethics and integrity.
An explanation via way of RNS as to when trading resumes for Umuthi would be welcome, like today.
When will full trading resume? Wednesday?
Not sure the Pello suspension is an impediment to UHS, so Umuthi should be able to resume trading tomorrow.
Can we have an RNS please
Doing a review of Labour practices in South Africa as the country has always been of interest to me. Seems inequality and discrimination remains rife
Bound to bite them.