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Had the following from HL today, so looks like shares will be transferred on 20th Feb
What has happened?
Frontera Resources Corp Shares were cancelled from trading on the AIM market on 25 January 2019. The delisting followed the suspension of the Shares on 24 December 2018 due to the resignation of the Company’s Nominated Advisor (NOMAD).
Why did this happen?
As Frontera Resources Corp did not appoint a replacement NOMAD within 1 month of their NOMAD’s resignation their Shares have been delisted in accordance with AIM Rule 1.
Important Information for ISA holders
Please note, as a result of the cancellation of the listing of Frontera Resources Corp Shares on AIM, the Company’s Shares no longer meet the eligibility criteria to be held within an ISA. ISA rules state that any Share listed on a ‘Recognised Stock Exchange’ as classified by HMRC are eligible. As the Shares are no longer listed on a ‘Recognised Stock Exchange’ they must be removed from your ISA and you have the following 2 options to consider:
Option 1 – Re-Register your holding into a Fund & Share Account. You may transfer the Shares into a Fund & Share Account free of charge. If you have an active Fund & Share Account open on Wednesday 20 February 2019 we will automatically transfer your Shares into that account. If you do not currently have an active Fund & Share Account open with us but wish to choose this option, you must ensure you have opened a Fund & Share Account before noon on Wednesday 20 February 2019. In most cases we are able to open a Fund & Share Account online or over the telephone on 0117 980 9950.
Option 2 – Re-Register your holding and receive a Share Certificate. You may re-register your Shares into your own name and have a certificate representing your holding sent to you. An administration fee of £25 will be charged for each certificate produced. You can give an instruction to receive a Share Certificate over the telephone on 0117 900 9000.
If we do not hear from you by noon on Wednesday 20 February 2019 your holding will be re-registered into your Fund and Share account. Alternatively, if you do not have an active Fund and Share Account open, your holding will be withdrawn into your own name and a Share Certificate will be sent to you. Please note that there will be an automatic charge of £25 for each certificate produced.
Should you have any queries relating to the Delisting please contact us on 0117 900 9000. Please note, we can provide factual assistance but cannot provide advice about which option you should choose. We hope you are satisfied with our service. If you would like to set up new products, or transfer other assets you hold to Hargreaves Lansdown please go to www.hl.co.uk or call our Investment Helpdesk on 0117 900 9000.
Sorry bry4n if you’re genuine, been too many bashers on here lately and people with low post counts are usually them
Someone who has invested in an AIM share would have appetite for risk.
Therefore no way they would part with 1 million shares for £60 when the reward is 1,000s minimum if this comes good.
Evidence is easily forged
And you seriously believe that?
Why would anyone sell 1 million shares for £60 when even if they relisted back at .28 you would get £2.8k.
Even if you thought we were to lose B12 it wouldn’t be worth taking that.
Another for the filter list
It was 0.06 so £600, and your point is what?
Whatever point you’re trying to get across you can’t even do that right as you’re making up new figures and not using the ones that are made up anyway as I don’t believe anyone is selling at that price, you may as well hold on tight and take the risk as the reward I believe is far greater now if we come out of this
You never did answer the question.
How many shares do you have and how much do you want from them as you think they have no value?
What total nonsense.
If you believe that to be the case of it you are genuine which we know you are not.
How many shares do you have and how much do you want for them?
Also from Malcys blog: Shareholders, I am told should sit tight, there may be a consolidation of the shares but they are still very much worth holding on to as a re-listing is very much on the cards and I understand that shareholder meetings etc will carry on. The court case can be attended to and the financing put in place, on the ground they are working with potential partners of significant size in Georgia.
Thank you for the work put into this, I will join later on today.
Well said AJ
These are not nice pleasant people at all, I hope they get what they deserve.
One over on ADVFN is saying it is good news re pyo's loss, that is just totally disgraceful.
It is one thing disagreeing about a company but taking joy from others loses and personal losses just shows what scum they are. I also hope that these people have not been able to breed as we don't want more of them in the world
"Rig Well Dino-2-3" class="vc_gitem-link prettyphoto vc-zone-link vc-prettyphoto-link" href="https://fronteraresources.com/wp-content/uploads/2017/08/Rig-Well-Dino-2-3.jpg" data-vc-gitem-zone="prettyphotoLink" data-rel="prettyPhoto[rel--995898386]"
It is not a new photo I am afraid, the below states it was uploaded August 2017
returning back to this board.
I thought it would, which I why I said on Thursday sleep on it for a couple of days, this is a very good thing for us given the situation that we are in.
We still have exciting times ahead and looking forward to the next share holder meeting, which maybe some time away as I cannot see this happening until the court case has been resolved.
Good to see that you have had time to reflect, I truely believe this is a good thing, the company has time to get its house in order.
In case you did not see it, there was a pod cast also with Doc and Malcy, FRR mentioned from 22 minutes in.
https://total-market-solutions.com/2019/01/25/malcy-talks-oil-gas-vii/
Exactly, I'd be willing to show my transactions as I have not sold a single share.
Just looked on the ADVFN board for the first time, a few vile people over there being so disrespectful and that goes to show the type of person they are.
The more I think about it the better the situation we are in is...lets sort out our house in the next 6 months, get a new CPR, prove the resources, up production to 5,000 bopd with the help of BP and then relist and burn the shorters!
Of shorters as mentioned in the Doc/Malcy pod cast earlier. They will be spelling out it is the end and will try to get your shares of you cheaply privately so that they can close their short positions.
The advice from Malcy was if he was a shareholder he would not sell a single share
So those who are stating it is all over more than likely have an ulterior motive.
There are many possibilities and your probabilities look really mathematically worked out, exactly a 50% chance of your option 2 of happening...really!!
Not concerned in the slightest.
If/when we relist, the company will be in a much better place I would imagine and therefore I think the share price equivalent that we relist at will be higher than it was when we delisted.
Malcy said they may not remain private forever, which is slightly different to what you're saying tsbs.
I believe all is not lost and I believe that yesterday.
The delisting has been cming for the past month, it would be very difficult to get a nomad in time during the court case.
The company still exists and you have shares in it (I think), whilst that is the case all is not lost and the future could be very good indeed once the path has been cleared.
Very happy with what Malcy has said.