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Unfortunatley not smtch73. We just have to wait.

@magpies1862 I spoke to the broker, didn't give me any details of course but said they will update this afternoon.

If Im not mistaken I think newgrange doesn't believe its bad news, he is saying its good news and its a done deal due to the courts being in favour of MPL

Its not strange at all if you paid attention to the posts about why there has been no rns yet. But we shall get one today.

They do like that time lol. But could be earlier. Perhaps between 2 and 4.23pm.

We will get an rns today, no idea what it will say or the outcome but one to be expected this afternoon. Hopefully positive news. GLA

Keep an eye out for the red dot, should get an rns this afternoon. GLA

Nobody knows the outcome of the hearing as nothing has been published yet. Market doesn't know what to do with share price so expect volatility until official news. GLA

@ripley94 this is the reason why no news yet, we could get later on today or tomorrow. All depends on NCLT.

Current Status of the Verdict: No Official Rejection Confirmed: As of June 9, 2026, there has been no official regulatory announcement (RNS) or verified court publication confirming that the NCLT Mumbai Bench rejected Mercantile's application during the June 8 session.

Expected Delay in Documentation: Legal orders, final admissions, or liquidations passed by the bench typically require 24 to 48 hours to be formally drafted, emailed to the participating parties, and uploaded to the official NCLT portal. Consequently, public disclosure from the company via the London Stock Exchange remains pending until the written judgment is served.

*hence the drop

The sells came first and why drop, now the buys coming in and back to flat!

Seems like they are collecting as usual as you can't buy anything at 1.4. Positive news lands and it will be impossible to buy here. GLA

Current Status of the Verdict: No Official Rejection Confirmed: As of June 9, 2026, there has been no official regulatory announcement (RNS) or verified court publication confirming that the NCLT Mumbai Bench rejected Mercantile's application during the June 8 session.

Expected Delay in Documentation: Legal orders, final admissions, or liquidations passed by the bench typically require 24 to 48 hours to be formally drafted, emailed to the participating parties, and uploaded to the official NCLT portal. Consequently, public disclosure from the company via the London Stock Exchange remains pending until the written judgment is served.

Tiger, the company can't release news before written judgement by NCLT has been made, which could take 24-48hrs. So it all depends on them before the company releases an rns.

"Admission/ Liquidation/ Final orders passed in the listed matters would be communicated to the parties concerned through email and website"

Many of us patiently waiting for news, some watching on sidelines before jumping in but I am hopeful of a good outcome for the company.

I guess we will hear from the company when NCLT have formally written their judgements as the outcome is not publically available yet.

That trade from earlier at 1.45 just showed up too

I don't really like using green box but as you can see these naysayers have agenda. He is getting annoyed and sulking because the SP is getting further away from his buy price after talking it down non stop. First it was going down below 1p and his entry was 0.4 on Friday and today his buy price has changed to 1p. Just desperation and makes me laugh tbh.

Lol roger I'm spouting rubbish? You keep coming back to this board trying to talk it down non stop. You never got your 0.4 on Friday and probably sulking now because you couldn't fool people into selling for your £100 punt! You clear can't see what is going on with L2.

Some nice delayed buys showing up, 1.7p was paid earlier for 1m. Im sure more will show up throughout day.

Big holders are selling?