HCFT.L Share Price (HCFT)

Correct. Forced sellers at bargain prices to those who will enrich themselves at the expense of others. This is a strategic displacement of private investors in favour of "the establishment".

Agreed.

I don't think the regular retail platforms support trading on the TISE so we are all going to be forced sellers !

An utter disgrace, in my opinion. The share price has gyrated between £6 and £8.24 since the announcement, with fearful investors selling well below NAV. The board should be ashamed of themselves. There was no precursor to this announcement, with no mention of onerous listing costs or regulatory burden in prior reports. The announcement is also thin on detail. How much money would be saved in moving to TISE in listing costs? We don't know, because they haven't qualified their claims with actual figures!

The board makes the point about the liquidity of the shares, but what have they ever done to proactively improve the company's exposure. On searching the web there is thin evidence of any sort of public relations effort. No interviews with the CEO or engagement with EO Platforms, that I have seen.

To me it does not matter what the outcome of the vote is. I no longer trust the board. A board willing to make a sudden change of this magnitude with no prior warning is not a board for me. Fired!

The board believe this is in shareholders best interests because it is significantly cheaper to be listed on TISE, and the governance requirements are not as strict. I do not trust this reasoning. The board has not mentioned these issues in the past, and the company has always sustained the cost of a main market listing. So my question is, what is the real reason for the desire to move to TISE? What is it that the directors want to do that they would find difficult to do while listed on the main market? Frankly, I am disgusted with the board. The ethos of the company has always been prudence and ethical conduct - the way to demonstrate this is with a main market listing.

What do people make of the news of the delisting from the LSE and admission to TISE ? Thanks