RE: Just sold at 6.20 because of placing risks now25 Jul 2024 13:02
I Was reading what happens when companies...go from STANDARD listing to PREMIUM listing on lse....
I dont know too much.....one thing which i came across....was....the following:-
"A company undertaking a Premium listing will need to appoint a "sponsor", which will usually be an investment bank, meeting certain criteria. A sponsor is not required for a Standard listing (including a listing of global depositary receipts)."
What does this imply...when standard listings merge with premium listings nxt on 29th of JULY.....do pennpetro have a sponsor to go with it...???