Member Info for Chiefton

Heard that at the start of the week, but to be fair have lost confidence . Bnn seem to always have a tale but for the last couple of years have never delivered.

I presume the deadline is midnight tonight. But I hold no hope , I think they'd prefer to go private , then try to list elsewhere if ever

I suspect there would be an announcement from the stock market even if BNN didn't make one. As for calling it a day, they would just continue as a private business, remember they had 27 mil in bank not so long ago. And there operations in China are in going, how well? Who knows seems BNN dont want to give operational updates lately! You would become a shareholder in the private company. But seems how poor the communication has been of late then getting any communication if they go private would be hardwork.

Well doesn't look like we will hear this morning. Poor show BNN.

It's not looking good, I'd of hoped if they had a new monad lined up then they would of already announced it. I've been a long term holder but taking it to the wire like they are doing is painful. I am hoping they can produce the goods but not confident at this late stage!

Well BNN is certainly turning out to be a rollercoaster! Bancroft had to go in my opinion, and Harry Keily hasn't handled the allegation issue that well if you ask me. So maybe for the best. Mark Hanson has a wealth of experience in the region so is probably a better fit. Onwards and upwards!

The monad resigns as from 9th Jan , they have a month to replace , so 9th Feb. That is how I understand it. They then have till end March I think to lift suspension as that is 6 month anniversary of when suspended. So pressure on !

Albanylad, advfn is the main one but there are a lot of trolls on there that post negatively for there own agenda, not just on Bnn but all shares. If you can filter them out you can get some decent posts. Although take anything you read on a BB with a pinch of salt. Michael Walters site has a very good discussion board but is a paid for subscription. £75 per year. But you get good articles and Commentry off MW. He covers Bnn amongst numerous other share tips. Hope that helps I too am sat on big losses at the moment!

Yes the News yesterday was very down beat, although were the NOmad resignation is concerned I'm sure BNN were expecting this and from what I have read on other threads are already in the process of appointing another Nomad, as are in discussions with a number. Given the recent antics at BNN this can only be a good thing . Where DM's loan is cooncerned it does seem like a pig in a poke, it seems to be a long going saga that is tainting BNN with negativity and needs adressing asap. Hopefully the new Neds which have been appointed and the imminant CFO can help sort this out and get us into a position for the suspension being lifted. Under the time constraints BNN now find themselves it is going to be an interesting January, expect a few more RNS's in the next few weeks. And fingers crossed our Chairman and new board can sort this out. Their back grounds all point to a wealth of experience, so lets hope so!!

yes very positive RNS, his resume reads very well, lets hope for an RNS on the new CFO followed by one with new CEO. Lets hope they hit the ground runnning very early in 2018!

Anyone on any thoughts on when the share suspension could be lifted , do we think it will be this seide of the new year?

Albany, the allegations that lead to the suspension of the 2 directors and which are being investigated by PWC. Which has been communicated by BNN in recent RNS. Keep up lad!

Binaround, this had crossed my mind. If his allegations are unfounded he could be in a world of legal pain from lawsuits from. Everyone from pi's to the directors , bnn , II's . But if they are true let's hope not! Then the pain will fall on us pi's

Binaround due to suspension he will only be aloud on premises if invited and escorted while there, I suspect he was invited in to assist with the investigation. Rns stated that suspended directors were cooperating. Hopefully this will be put to bed soon and bnn can move forward!

Yes positive rns at last. Trading on going on current deals also and directors cooperating. Hopefully we will see a flurry of positive rns leading to the re- listing!

Lets see what the investigation uncovers first. And as the chairman has stated, the priority is to get somesort of management in place. Then look at were the company is.

Best ignore inthedetails, he is doing the same deramping with old news over on advfn. The points he makes are old and have already been discussed on boards over 9 months ago. Turns up out of the blue with no past history and starts deramping. Hmm short position me thinks!!

Dan, yes has been a bit hard to watch over the past few months but hopefully that is behind us now. An rns is expected soon with more detail on the telecon deal which they mentioned at the AGM. This could help support and lift the sp, also interim results due in Aug, although they wont show us much as expected to noyt show profit yet until H2 , but hopefully will show detail and matbe trafing update on all the revenues which are kicking in around now.

Dan, the company is Hadron capitol they held around 4.1% of company according to the bnn website. The rns says that they have now passed the 6% threshold. The rns states that it is a cfd contract that has took them over the threshold. This indicates its a cfd long, they may of been buying in small amoints pre cfd as the cfd is for 1.49% and they are now above 6%. You generally have to inform the market when you cross a threshold , either way. Ie above or below 3%,5% etc . This is my understanding of it

Institution buying more shares. Hopefully good news soon