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Tygra,
The resumption of trading RNS on 18th May was also at the behest of AIM and states "an announcement having been made"
The only announcement was that of the NED. Agree it's very strange but surely AIM would not have agreed to the resumption if it was anything further.
Anyway, I guess we'll agree to disagree.
Oh, dug this out. US centred but simple in the info it gives for anyone interested.
https://corporatefinanceinstitute.com/resources/knowledge/deals/non-binding-offer/#:~:text=A%20non%2Dbinding%20offer%20serves%20as%20a%20protection%20for%20negotiating,signing%20of%20the%20binding%20offer.
Tygra,
Thanks for your reply and I understand also where you are coming from. However, I think that PI's are often guilty of trying to read between the lines so much that the lines themselves get lost.
We were suspended at the behest of AIM. The company merely stated that we were suspended pending an announcement. An announcement was made - granted not the one that we wanted. Trading resumed.
If there was anything more beyond the credentials of the NED then we would either have been notified at the resumption of trading or we would still be suspended. Very clear in my view and 'straight down the middle'.
I think we agreed that AIM induced the suspension not the company. Therefore AIM possibly had an issue with the NEDs credentials, bearing in mind the war, but the company was confident all was ok. So ‘pending an announcement’.
Why not use Google Travis??
https://www.bloomberg.com/news/articles/2022-03-22/moscow-exchange-bans-short-selling-in-russia-s-biggest-companies