Member Info for bunsenburner123

My understanding and what others have said via DMs is that that is it now for the CLN

DYOR of course, I have and happy to have bought

GLA

Wow so that’s all but confirmed Atlas cln done & out

Expecting a big move tomorrow

Interesting. Think that’s the CLN out

Is this going up does anyone know?

Jaaaaaaam rooooock, you

Don’t have to put up a laaa laaa JAM ROCK

Big week

Big month

Let’s go MAST

What’s that got to do with genf?

Put off massively by this Nilepet clearly being a bit of a joke operation. They’re proud to pay salaries in November? How can they facilitate any kind of meaningful deal. And how can WCAT get a part of that with £100k of cash

Not saying the impossible couldn’t happen but I don’t really understand how something substantial can be facilitated for shareholders to benefit

Anyone see it differently?

No, but if someone jumped off the cliff and it was safe to do so I may follow them but I wouldn’t do it first not knowing what’s underneath

Are you suggesting you’re going to buy quite a lot more shares so as to be a TR1 holder?

A wise man once told me you know when a share has bottomed ready for an epic recovery when the commentary is immensely negative just after a rise

today fits the bill

GL holders

Saw someone mention ENET here

Looks good as CLN nearly out. DYOR but thanks

They’re proud they paid salaries in November. Crikey talk about tin pot operation

Can’t delist without the vote

Yes, the postponement of the General Meeting (GM) delays the delisting process, as the delisting requires shareholder approval at the GM. Here’s why:

Key Points to Consider

1. Shareholder Approval Required:

• For the company to delist from AIM and re-register as a private limited company, at least 75% of votes cast at the GM must approve the resolutions.

• With the GM postponed, no resolutions can be passed, and the planned 9 January 2025 delisting date becomes unfeasible.

2. New General Meeting Date Needed:

• Until the GM is rescheduled and held, the company cannot proceed with its delisting plans. Once a new date is announced, the company must provide sufficient notice to shareholders (typically at least 14 clear days) as per UK company law.

3. Revised Delisting Timetable:

• Following the GM’s rescheduling, the company will need to update its delisting timeline. This includes the new last trading day on AIM and the effective date of delisting and re-registration.

Implications

• Delisting on 9 January is not possible because shareholder approval is a prerequisite, and the GM to secure that approval has been delayed.

• The company will likely provide an updated delisting timeline once the logistical issues are resolved and a new GM date is confirmed.

Next Steps for the Company

1. Announce a new GM date with adequate notice.

2. Adjust the delisting timetable to reflect the new GM date.

3. Obtain the necessary shareholder approvals at the rescheduled GM.

Until the GM is held and the resolutions are approved, the company’s shares will remain listed on AIM. Shareholders and potential investors should monitor announcements for the revised timeline.

So as you can see the delay looks largely positive

To r company can’t delist until the GM and vote

They need 75%

I think they haven’t got enough votes

The postponement of the General Meeting (GM) could actually be positive news, especially for shareholders concerned about the delisting. Here’s why this delay might benefit investors:

1. Opportunity to Reassess Delisting Plans

• The company may be using the additional time to reassess its strategy and ensure the delisting is truly in the best interest of all shareholders.

• A delay suggests that the board is carefully considering its next steps, which could indicate flexibility and responsiveness to shareholder concerns.

2. Potential Lack of Shareholder Support for Delisting

• The requirement of 75% shareholder approval to proceed with the delisting is a high threshold. If initial feedback suggests limited support, the postponement could signal the company is reconsidering or refining its approach.

• If shareholders prefer to remain listed, this delay could ultimately result in the delisting being abandoned, keeping the company on AIM.

3. Increased Attention and Engagement

• The delay allows more time for shareholders to engage with the company. This could lead to:

• Improved transparency and communication.

• The company addressing investor concerns about the delisting, potentially resulting in a more favorable outcome for shareholders.

4. Regulatory and Strategic Considerations

• The postponement might indicate the company is reassessing its options, potentially due to external factors such as:

• New opportunities for funding or partnerships.

• Feedback from regulators or advisers encouraging them to remain listed.

• Any sign of alternative strategies being explored would be positive for the share price.

5. Additional Time for Share Trading

• The postponement gives shareholders more time to trade the shares on AIM before any delisting decision. For a stock with low liquidity, this added time is valuable for investors who may want to reposition their holdings.

Why This Could Drive the Share Price Higher

• A delay in the delisting process introduces uncertainty about whether the delisting will proceed at all.

• If investors interpret this as a sign the company might stay listed, it could spark significant buying interest, particularly if the share price is trading at depressed levels.

• Any indication of continued AIM listing could lead to a dramatic re-rating, potentially driving the share price up several hundred percent from current levels.

Conclusion

The postponement of the General Meeting could be a turning point for the company. It suggests the board is listening to shareholders and carefully weighing its options. For investors, the uncertainty around the delisting decision creates the potential for significant upside, as even the possibility of remaining listed could trigger a sharp increase in the share price. Keep an eye on further announcements for confirmation of the company’s next steps.

Sells lol

Voice text!

Yes, Laura just noticed that!

Can sell .71p and buys .83

My guess is there is a large by order in the background soaking up those cells so they can get a large percentage holding so as to push through the listing.

Great news for those buying around these prices my view

Even with bad news the SP was at these levels. The risk is v low vs potential upside which is huge

How when do we vote