RE: Bico Tender: News to come.22 Nov 2021 14:36
Hiya KK, yes 153 may be a duffer, CASP have so many things going on at the moment that we would have to release RNSs very frequently (Also very costly) Clive said some time back that he felt loads of small RNSs were hurting the share price so he was cutting them back, as you and I know AIM is (Not quite the Wild West) lets say "Less regulated" so Section 11 of the AIM rules for companies states ...General disclosure of price sensitive information
11. An AIM company must issue notification without delay of any new developments which
are not public knowledge concerning a change in:
? its financial condition;
? its sphere of activity;
? the performance of its business; or
? its expectation of its performance,
which, if made public, would be likely to lead to a substantial movement in the price of its
AIM securities.
So if 153 was producing 300 BOPDs and after the side track, 153 is producing 300BOPDs .... to us its significant news but in the grand scheme of things nothing has changed