Member Info for big-blue

" What do you think a 'service provider' is big boy? "

Corporate advisors, broker services, reporting accountant, lawyer....

Since when is a bank, explicitly described as a bank for the purposes of GDR ever been described as a 'service provider'? And why then did not the email supposedly from the company also say 'service provider'?

Your digging an awfully deep hole and making a fool out of yourself now. Your pathetic attempt to sound condescending says everything about your non existent argument.

As ever, if you need an answer, find it yourself......

"In order to join the London Stock Exchange Main Market, you must have certain advisers in place. You may already have advisers who have the relevant public market experience, or you may need to seek recommendations to appoint new ones.

Each adviser plays a vital role in the application and admission process for the Main Market:

A sponsor or corporate adviser - for a Premium Listing on the Main Market, you must appoint and use a sponsor to guide your company through the application and admission process, and to advise on the Financial Conduct Authority's (FCA's) legal requirements. For companies on a Standard Listing, a corporate adviser may be appointed instead.
A broker - a broker will assist with the pricing of your shares and help generate interest in your business by marketing it when your company is admitted to trading and thereafter.
A reporting accountant - your accountant will independently review your company's financial position and produce a number of reports to meet specific regulatory requirements and to assist the directors or the sponsor in meeting their obligations.
A lawyer - your lawyer will be able to advise you on any legal issues that might arise as a result of your admission to the Main Market, including the necessary disclosure requirements and continuing obligations."

https://www.nibusinessinfo.co.uk/content/how-list-your-business-london-stock-exchange-main-market

So, to the person earlier who stated a sponsor is only needed for premium, a gold star and sweet treat from the fridge. I remember seeing sponsors listed on Aim RNSs though.

"Nesis said the company's management was in discussions with the London Stock Exchange, the FCA regulator and service providers about retaining a form of LSE listing"

""We are applying maximum efforts to maintain our listing in London, but given the recent, ninth sanctions package...the task is not simple. Many service providers are reluctant even to engage in dialogue about securing a listing after the move."

WHERE'S THE REFERENCE TO THE BANK? There isn't one. They are still at the stage of trying to find a methodology. That is along way from negotiating terms. And a GDR must be held by a bank. Still a way to go to bring a bank on board, if they can even find one.

Show the quote that states the company is in negotiations with a BANK. This was picked trough in detail this morning and nobody has provided one. It is a claim in a fake email said to originate from within the company.

There is no evidence or proof - in fact the discussions are still at an investigation with authorities only, nowhere near discussions with a bank, there's no evidence any bank would be involved anyway.

Bare faced lies to fool and trick people into believing something that does not exist.

I know it is required for AIm, and I was of the understanding that rule applied to all LSE listings. Happy for a rule clarification.

" Because today we got news that POLY are in discussions with a bank"

Oh no we didn't. That is not confirmed by anything said by the company, only from a fake email posted by a complete stranger in a chat room.

Nothing in the Gazette so not filed. That's a good sign by the way.

And still nobody can tell me who the sponsor is for the LSE listing (I presume they need one... or have the rules changed).

Share Price: -1.00
Bid: 256.00
Ask: 256.00
Change: -250.00 (-100.40%)

There, sub 200. I even got that right!

That is exactly what it said if you press the buy buttonb. I even copied and pasted the line to save typing. It is the same other people were reporting for other brokers.

And at 16:29 I've just checked again

We no longer allow investment in this stock.

So stop trying to be clever and own up to some truth for once.

"Has the chat board stopped working?"

No, just the defamatory lies have been removed. Absolutely appalling that could be posted.

ooopps my bad, pay attension

09-Feb-23 09:19:04 221.18883 54,000 Unknown* 250.00 256.00 119.44k O
02-Feb-23 11:19:01 222.20 -54,000 Unknown* 250.00 256.00 -119.99k O

Note the dates!

09-Feb-23 09:19:04 221.18883 54,000 Unknown* 250.00 256.00 119.44k O
02-Feb-23 11:19:01 222.20 -54,000 Unknown* 250.00 256.00 -119.99k O

The trade was crossed out hours ago

I would gloat at all those who mocked me getting out - but that would not be nice. So instead I think I'll poor me a Russian vodka with orange tonight and thank my luck stars (and experience) to have avoided a long lock in and acted on what some of you, now awake from the hypnotic ramping slumber, will recognise as a blunt plain and rather explicit warning given n the presentation. They were unable to find ANY support in the city for the future, so how long was it going to last in the present?

Nobody did answer my question about who the sponsor for the listing was. Is it because they no longer have one and could not demonstrate they could find one?

I need to get my dry powder ready. If this is merely a technical issue it will still have been enough to seriously spook many pis who will dump at the first opportunity. My sub 200 is certain, my play zone sub 100 possible. Will revise the play zone when I see the size and persistency of the dump - if there is even a chance it might happen.

Grow up!

There's no news of any other share suffering a localised technical issue I can see.

There will be an RNS to clarify in the next hour I would expect based on comments people are making re broker advise.

iWeb have been freely allowing buying and selling. Now
"We no longer allow investment in this stock."
If it was a technical issue, they would offer a negotiated order. Frankly, if iWeb is out, and consistent with what people are posting from there retail brokers, it is finished as a LSE share.

There's a trade showing at 21:41 but that might just be clearing out transactions in progress.

This does not look good.

Very bad news, just checked iWeb,

"
We no longer allow investment in this stock. "

They have been very free trading this.

It's over