RE: Another day, another week of waiting8 Jul 2024 11:19
Agree with Paddy, there would need to be an RNS to state they are no longer required for the Form 8.5 and 8.3 reporting in whatever current reporting phase they are currently obligated to follow. Also, they would need to report to shareholders if a sale is no longer a route they want to pursue.
It's just a waiting game now I'm afraid, now they have the LCD covered and some cash runway to push them through for a bit they will be aiming to increase the value of the company to get a better sale price, that won't happen overnight. I don't expect we'll get any news till Nov/Dec this year on whether there will be a sale.