RE: share prophets18 Dec 2020 00:29
Another example of this is Formation FRM. Delisted from Aim and moved to Aquis stock exchange. Rarely traded on that. The company now wants to delist completely.
"The Company’s Annual General Meeting will take place on Thursday, 25 February 2021. At that time, the Directors will use their reasonable endeavours to present mechanisms which provide minority shareholders with the much needed liquidity that has been absent due to the very limited trading of Ordinary Shares, and an opportunity to exit the company if they so desire. Such mechanisms may include a share buyback".
Also got a director controlling interest and also left with millions in cash in bank. Did a smart property deal as private company. And yet.....if I get a third of my investment back I will be amazed.
Aim for you I am afraid.