RE: Cj6217 Nov 2021 10:35
TMS, I’ve just caught up with posts and come across yours. If you feel that there is something afoot, as your post seems to suggest, they send that exact post to eurasia, the nomad and the fca. Can’t be any simpler.
“Please point to the RNS containing said offer. There is no offer. If there were it would have to have been RNSed. What there is is a 'proposal' from an (un-named, natch) 'credible party' for undisclosed assets at an undisclosed price. This 'credible party' has apparently 'completed their due diligence' but **there is no offer or that would have to be RNSed.**
"Can you tell me why we havent had an RNS to say UBS DLP Wardell have all packed their bags and gone?"
They will stay as long as they are being paid (with cash raised from one of the *three placings* from a company 'about to be sold'), obviously.
"AS TMS would say the NOMAD should have said something."
SP Angel have been disgracefully lax and absolutely should not have enabled this farce, but I do not believe they have technically broken the rules. What should have happened is that either AIM reg or the FCA should have forced EUA to actually name a bidder and give an indication on price or assets for sale, as would happen if it were actually a proper sales process for a listed company instead of a completely unprecedented farce.”