Try the official London Stock Exchange website
Not good! Well done to MMs who made a killing at our expense on Thursday! Very short-sighted of them as many of us will be incredibly wary to buy into AIM stocks again. There was lots of buying on Thursday afternoon and yet the bid remained 0.45p or below. We weren't even able to day trade it. They must've known what was coming and yet completely shafted PIs. Sold us shares which were completely worthless. Even McCoils had a bounce just before the afternoon admin RNS from 0.9p to over 1.8p. You had to be quick to sell but at least that was there. SFE didn't even give us that chance! Bar stewards the lot of them!
We wouldn't be spending all that money on infrastructure in the US if a miner hasn't expressed interest. I'm thinking we've already got an agreement where they said 'you raise the money for the servers and we have a deal'
A deal is already done in my opinion.
Anyone know when the final results are due?
Only 12% down. Looks like most people realise that placing was forward sold last week and has likely already cleared.
GLA DYOR.
I guess we will remain suspended throughout this time.
Absolutely! Lucky escape, I guess! Still sucks that it feels like we were completely duped! Worst thing is it looks like MMs bought the shares for 0.20p and sold them to us for much higher! B******s
Yup, just saw it GB. Absolutely shocking!!
As soon as I posted my last message, just saw the latest RNS. I guess that's it!!
Neil - yes, at least it's temporary for now. I've asked the company to fully explain why they delayed suspending the shares for 24hrs, and how suspending them today affects any sale negotiations.
zaara - If we go into administration, I think that's it for us and it's unlikely we'll get anything back. ICON was a different and unusual situation altogether. As I said earlier, I would encourage everyone to contact safestyle to express their disgust at today's suspension. and to explain the reason for it. If the company does have a buyer, then maybe we could be brought out of suspension until we need to vote on it. That would be our best hope. It's possible a potential buyer requested the suspension. I'm not sure but maybe that's possible. The company is still in business for now. So until that changes, there's always hope something positive will happen.
Have a good weekend all and I'm very sorry we've all been put in this awful situation! 😟
I've written to the company now too and I urge anyone else not happy with what they did today to do the same. I didn't mince my words, let's put it that way lol Let's see what they have to say for themselves.
I guess miracles do sometimes happen. I had £3k locked in ICON when it went into admin a few years back. Written it off but amazingly I got it back. So I guess there's some hope here. The company haven't used the 'A' word yet, so I suppose that's something. Unless we get another surprise RNS after hours today. Wouldn't surprise me right now.
Then clearly you don't understand LSE and how many trolls there are with an agenda. You have a new account with 27 posts on one share. Not exactly great credentials there for us all to listen to your brilliant investing advice.
Yvellkan, who do you think you are that you think everyone should listen to your investment advice as gospel? You're just some random bloke posting messages on an anonymous investing chat board. I don't know you from Adam, so why should anyone listen to you?
There have many many instances where PIs have made money on shares just before delisting/admin. MADE went from 3p to 10p, before it collapsed to 0.5p then went into admin. Some people made a lot of money there. It's not unreasonable for traders to expect to be able to make money on some companies, even though those companies are close to the end. It's happened many, many times before and it will again!
I was told many times on the QBT board by people just like yourself not to buy QBT at 0.88p. But guess what? I did and I made over 200% profit in a month! If I'd listened to them I would've missed out!
You and your ilk are nobodies here and your opinions are worth less than nothing! Can you blame us for being sceptical about non-investors who frequent these boards all day and post more often than actual investors? What's your angle? What's the reason? It's not normal! It's weird and frankly I hope you find something better to do with your lives. We took a gamble here and we lost due to massive corruption from the BOD. You win some, you lose some! We'll survive.
Your advice is not needed!!
Then why not suspend yesterday?
Indeed Neil, no sympathy wanted here either. We know the risks and that's the way it goes. Having said that, there are some very unscruplous directors out there!
Yes GB, price had already fallen to an all time low, so why suspend today? Makes no sense at all! Had this not suspended, many of us would've made a tidy profit today!
I guess there's a tiny shred of hope the company is being sold, and then perhaps suspension will be lifted until we've voted on the sale, but I'm not holding my breath about that!
I'm very sorry about that GB! I hope you'll make up your losses elsewhere. Yes, please do let us know if you hear from them! Can't imagine what they'll have to say for themselves.
If they had simply said yesterday 'shares will be suspended on Friday' the share price would've likely dropped the same amount anyway! To have suspended without notice was deliberate and pretty sinister. They knew full well many PIs would buy them up!
Morning Neil. Yup, I guess I can be thankful I couldn't buy any more yesterday. I only had £500 worth but still I'm livid about the way the company did that! They must've known yesterday that they planned to suspend trading today. How could they not know?
The company is still open for business! There's no reason to suspend trading in its shares! Many companies do that! It's a blatant con! The trolls finally got one right! Well done to them!
I guess they had to let their mates out! Never seen this before! 63% volume yesterday!! I would complain to the FCA but we all know how pointless that is! I guess the next RNS will be admininstration. I'm sorry we all got conned here!