RE: September 2021 main market listing?19 Aug 2021 14:12
So after what he said, and given that you hold the stock and have done lots more research than your friend, do you still think it is useful to share his thoughts 'based on a glance and nothing more' ? For example when they said they don't think it will move to main market due to cost did you correct them and say "oh, they wanted to raise £5m to cover the cost of this and stated so in an RNS, but ended up raising £7m as it was over subscribed l, and then shortly after some investors invested another £2m"? Also , they didn't pick aquis because of cost, they picked it because it was a CBD stock and regulations have relaxed since 2019.
I welcome balanced posts but they need to have substance. A quick glance from anyone isn't going to teach anybody here anything useful. Because most have actually researched. "How big is CBD really?" Well its one of the most rapidly growing industries isn't it which is quite helpful for a young company.
Other than that the analysis is fair and realistic and highlights the obvious risks. It has its faults, such as not acknowledging an email from someone holding the same amount of stock as the chairman but I continue to hold with a realistic outlook for now.