Member Info for Bigun2

The silver lining is usually when it's wetter than normal in March/April the summer is usually drier. Should RBG last that long...

Exactly, the business model looked fine, now it is not, so you adapt or perish.

There are too many establishments. Severe pruning is required to survive the current climate. But survive it could until better times ahead. Long term investment? Yes and would be fine by me.

A new government that is not as tight with the purse strings would definitely help though... :-)

Sentiment (or Shorters) could drive this down to below 0.1p. The real value is what somebody is prepared to buy it for should they want it before insolvency beckons (6-12months IMO unless the board can radically change their business model that appeases creditors and attracts investors)

I shall do what amateur investors are good at, I'll keep my shares and hope for the best...

Most of the value has gone anyway...

Lights out...not yet.

New CEO. Definitely. The present one has definitely run out of ideas. Should've been replaced ages ago.

Too early.

IMO insolvency is probably 6 months a way, 9-12 months if they sell 20 soon.

I think they'll sell lock stock and barrel, maybe even get better than current market value...it's peanuts now if you factor in goodwill etc...

This relates to UK but Caymens companies liquidation procedures can't be that much difference.

https://www.companyrescue.co.uk/guides-knowledge/guides/what-is-the-difference-between-voluntary-liquidation-and-compulsory-liquidation-4065/

The only advantage I can see is that the involuntary liquidation process takes longer...

Yes Looed and I wonder why?

All will be revealed in the coming months I guess.

This is no ordinary company you know... :-)

No, it has not been struck off.

However SN is a businessman at the end of the day, so don't expect any charity.

The only reason I can see that FRC will carry on is because it has to, why?

Here are the usual suspects:-

money, politics, power...

Geo-political issues are at all time high don't you think

It cannot be sruck off until all the creditors have been paid, or at least happy with the insolvency.

Https://www.kirks.co.uk/faqs/company-liquidation/whats-the-difference-between-liquidation-and-dissolving-a-company/

https://www.mourant.com/media---guides/mourant---voluntary-liquidation-and-strike-off---solvent-cayman-islands-companies.pdf

Basically the company becomes a shell after liquidation, but once the liquidation process has been signed off as complete it can be re-liquidated and the company can start trading again. If not then it is likely to be struck off.

...trades today...

...another decent buy in the offing today...

Reads like a "come and buy me" advert to the big boys...

Chipolata. I'm assuming you have your reasons for wanting this to happen then...I wonder what they could be...?

500 - Gap the stock

900 - Let the stock trade freely

Can only guess on the other codes

Could mean a continuation of the slide in the sp or indeed the opposite...

Strange that...LOL

However as somebody has correctly stated HEMO is on the main market. It's market identifier code (MIC) is XLON )London Stock Exchange.

AIM has always been and always will be a casino. What you have seen today is alot of noise because of a 'feel good' RNS but with no real substance. You have seen a lot of people jumping on the bandwagon and then getting off .

SP is where it should be right now, may rise a bit once the RNS has been digested properly and the penny drops that this is a major game changer for the company and will probably be bought out if the expected results pan out IMHO.

In other words, once it is realised the reward farout weighs the risk then the speculators will be back in droves...and possibly some investors :-).

FRC will be liquidated, not dissolved. If FRUS is tightly ringfenced from the FRC liquidation process then no issue as I see it. Deloittes are very very switched on, they will quickly find out if the ringfencing of FRUS is airtight or not and whether it's assets are worth pursuing and shall inform the creditors accordingly with what actions they could take, if any.

The question is time, how long before all the creditors are "happy"?

Having said that, if FRUS is commercially ringfenced from FRC is business being conducted through it right now?

...is now known...

Filtered.