Zamano Share Price (ZMNO)

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.

Interims will be out for June also and the exact cash value per share will be known.

Might be time to grill them a bit. Put a bit of pressure on them - Colin Tucker, Pat Landy

seems my suspicion about the initial deal off article was right. AGM on 27 September at 11am.

Wonder if they're woeking on another RTO or working on returning cash

"(unless the no certainty line is a precursor to save face and the 'del off' PR coming next) "

https://www.irishtimes.com/business/construction/zamano-advances-reverse-takeover-talks-with-homebuilder-1.3560466

"Advances Takeover"

(from the Times who on Sunday said it was off)

Confusing or what

It may well be a simple response to Zamano press release , which also might turn out to be buying time to tell shareholders its off.

Good point on shareholders however - the Furlongs own the major holder here and will be keen to get deal done (wealthy family)

Hard to say who to believe the Company or The Times.

The RNS can be read positively or negatively full of caveats.

I would have thought the Nomad would ensure accuracy however.

I would like to know who is paying for all this 'due diligence' + costs of advisers, I suppose the saving grace for the minnow shareholders is that the majority of ZMNO stock is held by larger players, they usually look after No1