It has a habit of always retracting back down to 6/7 and then back up to 9/10, happened over last 12 months a few times. Should start to see some positive movement in the build up to the proposed update in early Q3, hopefully early/mid July.
Still can't sell, so basically we're under a unenforced suspension. Also still no response from Sarah.
At what point does the blind optimism fade and people start asking serious questions? We're well overdue an update. Sunk Cost Fallacy springs to mind.
Attempted on multiple occasions to sell throughout the day to no luck. No sign of any update.
Where's TinTin when you need him. He'd be phoning DC and letting him have a peice of his mind, pretty confident that was the reason for the previous updates. He wouldn't stand for this.... ;)
Anticipate this will remain stale for next two weeks, previous confirmation confirmed the cornerstone invested to be announced before end of May. However, on previous timelines that could be May 2024 or 2025, who knows!
I imagine those creditors who accepted a conversion at 3p a share are delighted with that decision. All eyes are on the "saviour" cornerstone investor , but I can't see how this gets back to 1p let alone a 250% rise to 3p. Anyone with a braincell would've known this would happen to the share price without a flow of positive news/updates. After the last 12 months of cancelled shows and disappointment at every turn , you'd have thought DC would have sought some kind of PR advice to rebuild the brand reputation and show it's turning a corner.
Nope, pure silence. As a result the share price has been hammered. Congrats DC, you the man!
If a near 9 month suspension isn't a "real suspension" then what is? It baffles me that people struggle to understand why those "not in the know" won't take them seriously. What happened to transparency? why are some shareholders treated differently to others? We're again in the dark and say waiting.
I am patient, if the RNS confirms something is to happen on a said date then why should I not be frustrated when nothing happens? I didn't pick that date out of thin air, DC picked that date to communicate. If he wanted us to be patient why not confirm a different date in the future?
Had he done so, maybe the placing would've been completed. He fails to acknowledge it but he has a responsibility to shareholders. Had he actually provided transparent and open updates/guidance over the last 9 months he probably wouldn't find such difficulty in finding investors to support. Even today, nothing, RNS to confirm the placing completed Friday like the latest RNS proposed. We're just left in the dark yet AGAIN.
What I just don't understand is if they're still short, why have they not published an official communication via RNS. Within the RNS they can confirm appropriate contact details for any interested parties and also provide any update on if they have sought the help of an external Firm. At this rate Sarah will be setting up a GoFundMe by the end of the week, absolute amateurs.
Over the past 8 months no one has seen any ROI. Nothing specific has been communicated with regards to when the BOD plan on seeking the suspension to be lifted.... we were told 1 month, then it was 6, then it was "end of Jan"... we're nearly into the middle of Feb and it's still suspended. If anything sounds like a bot from ChatGPT is those pumping a suspended share