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Turn around story here. We have new management and new website. Option pool for management got passed. Clearly they want some incentive for their hard work and whats to come. Rto next and then possibly name change.

Main market share which requires £30m, but currently only £357k mcap. 1p would be only £4.47m mcap and to reach £30m like cpai/amgo did after their rto it would take share price here to 6.71p. Patience required of course. GLA

Quite silly really selling at the low, considering you could sell double that last week.

RTO next.

The Company continues to seek to identify a suitable transaction that may lead to a Reverse Takeover and will update the market in due course.

All resolutions passed

Think it could be some just trading the range. 0.14 seem like a tough one to break. Its been trading between 0.07 to 0.14 for quite some time. But on next news hopefully breaks through 0.14.

People were paying close to 0.15 last week and now some selling at 0.07s. You can buy at 0.08, opportunity here imo considering rto for main market listing requires £30m mcap.

Strange price action, wonder if they have a raise planned.

Perhaps there is other news lined up with it. We should get something today.

Back to 50s, what a rollercoaster this share is lol.

Crazy selling here. The herd buys in blindly and also sell blindly without doing research. Should get update on agm at some point today. Opportunity down at these levels to get some cheapies. GLA

Can it break 1.8p today? Lets see what happens. GLA

Going to be an interesting day with agm taking place today. Fresh start for the company, new board members with vast experience, new website. Next we get new direction for the company and it seems like they have something already lined up. GLA

Good to see they have started to get things done with this.

With the recent appointments and new website. They have update coming soon regarding the investments they are looking at. At 1p this will only have an mcap of £4.47m. Amgo mcap is currently around £30m after their acquisition. For us to get to £30m will be looking at 6.71p. Thats looking at around 4600% gains from current levels. Huge gains to be made here.

Taken from website

"Amala Foods PLC delivers long‑term shareholder value through diversified investments and is currently evaluating a range of investment opportunities"

Appointment of Simon Grant-Rennick to the Board as an Executive Director. His expertise encompasses not only mining and minerals but also metals, agriculture and property.

Appointment of Robert Scott to the Board as a Non-Executive Director. Mr Scott has over 30 years' financial and investment management experience with the last twenty years specifically focused on executive management, finance, corporate governance, acquisitions and investor management.

New website: www.amalafoodsplc.com

AGM: at 12 noon on Tuesday, 5 May 2026

The Company has been making progress towards identifying a suitable transaction that may lead to a Reverse Takeover and will update the market in due course.

They will adjust the bid shortly, not much shares here so would expect them to play with the spread like most shares that have tiny free float.

No idea what you mean by granfathered. But:

For a Reverse Takeover (RTO) on the UK Main Market, the combined entity must meet a minimum market capitalization of £30 million

Sorry come again, not sure what you posted there

Yes Radika, as its currently a cash shell. This is Main market listed so will need to be of £30m in value, current mcap is less than £500k. This reminds me of cpai, which also had low mcap and then hit £30m from 0.02 levels all the way to 0.9s before their consolidation.