RE: AGM31 Aug 2018 18:51
This is becoming a joke, the BOD are quite useless and are milking the remaining cash.
I have emailed the Nomad 3 times over the fiasco but no reply, around 6 months ago I rang them and suggested they need to ensure fair play and implied that the BOD were burning cash and seemed to be prolonging the process, the Nomad was non committal but tried to reassure.
You are not telling me that no-one was interested in a cash shell with around £5m in the bank, a listing on AIM and the IEX at the time of suspension. No way.
Someone posted on A@VFN that they knew of a Co that approached ZMNO early into the process concerning a RTO but the entity was rebuffed and not wanted according to the poster.
I was expected a cash distribution of 4.4p a share but how much is left now is anyone's guess.
Very unhappy, would go to the AGM if it was more local.