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.
Today ?
That’s refreshing!!..
Onwards and upwards we go again!!
GLA..
Well we have an imminent RNS due on the PSC and JV, that news will give this a tasty re-rating and make hefty gains IMO
Bought 7,412,869
Sold 3,556,902
??? 250,000 (look like sells with that price and time)
Double the amount bought than sold. That should clear some of the overhang.
And yes, they are buys and sells, as all are O - Ordinary trades, done through MM's, not SETS matching.
The 250k is a buy, it's mine along with another 250k earlier on. Ready for the ride!
Boredd , I like your confidence. Like to think it’s well worth a punt at this price.
I still say why would they have self imposed a suspension and then lift it if they had nothing to say ? the probable reason is they have been doing the "legals" on the JV and the PSC. Standby for fireworks IMO
Hubstart - Youve only turned up recently ramping this to hell - ive seen you cross ramping this on other boards - its not needed. You clearly know nothing as it wasnt a self imposed suspension either - it was due to the accounts being out of date. As soon as the audit is completed they have to submit this to the FCA for approval to come back to market - they cannot just faff about and do as they please. Stop ramping as you look silly and clueless!
Mr Big Pipe ,
Take a look at this from RNS just issued ,the term voluntary is used for a reason, please buy new spectacles :-)
Upland Resources Limited (LSE: UPL), is pleased to announce the lifting of the voluntary suspension and the restoration of trading in its ordinary shares on the Main Market of the London Stock Exchange . We note significant progress has been made in the interim as we execute against our strategy.
Mr Big Pipe,
So it looks as if Hubstar was correct , whatever the reason it was still self imposed ( end of ) .
Mrbigpiece
Fyi:
Application was made to the FCA for the lifting of the temporary Suspension and trading resumed on the 21st May 2024.
This big piece dude clearly not as well read as he makes out - could he be in a boiler room in bangkok somewhere ?
Funny how he arrives and a raft of large sells hit the market,he will be saying next we do not have the licence yet either ??
Over to you big piece
I suggest reading the RNS explaining precisely why they suspended trading, this will hopefully clear up any confusion and conspiracy theories.....
Update on publication of Annual Report and financial results for the period ended 31 December 2023 - temporary suspension of listing from 1 May 2024
Upland provides the following update in relation to its Annual Report and Financial Statements for its 18 month financial period ended 31 December 2023 (the "2023 Annual Report").
As stipulated by the applicable rules of the Financial Conduct Authority (the "FCA"), the Company is required to publish its audited Annual Report by 30 April 2024. However, PKF Littlejohn LLP, the Company's auditors, have requested additional time beyond the originally planned timetable to complete their audit. Whilst the audit process has yet to be concluded, the Directors have been advised by PKF Littlejohn LLP that the audit is substantially complete and that there are no material audit issues causing this delay.
Accordingly, the Company has requested the temporary Suspension of listing by the FCA (as well as trading on the Main Market of the London Stock Exchange) with effect from the start of trading on Wednesday 1 May 2024 (the "Suspension").
PKF Littlejohn LLP has informed the Company that the audit will be completed in the near term. As such, the Company will publish its 2023 Annual Report immediately after completion of the Audit, following which the Company will apply for the Suspension to be lifted. A further announcement in this respect will be made in due course.
Bolhassan Di, Upland Chairman and CEO commented:
"We regret any inconvenience caused to our shareholders due to this delay, the extension of the Company's year-end to 31 December, as part of aligning with our related entity in Sarawak, and the audit of an 18-month period as a result has meant that some additional time beyond the originally planned timetable for completion of audit is necessary. We will work closely with our advisors to facilitate the completion of the audit process as soon as possible and to apply to lift the Suspension at the first opportunity.
Shareholders should note that we are progressing and finalising work-streams related to licensing arrangements and joint venture discussions. We will be updating the market on these developments in the near-term. "
I really don’t get why you all get in such a fuss about this. It’s simple stuff and no different to what happens day-to-day.
The share price will recover from this stupid low so just get over all this philosophical HS and maybe buy a few more.
Agree Roo unfortunately any placing is like honey to a bee for the shorters. The SP will recover.