Member Info for DojiStar

Well the major shareholders are all nominee accounts, so it's probably down to loads of pi's not wanting to take action. Maybe it's spread over quite a few and no one owns a large enough amount to feel they can effect things. Frustrating, but I don't have a huge amount in this.

Good point. We'll have to see what they release in the next week or so, but people might have to start looking at their options. I just can't believe the larger shareholders are giving them a free pass. I feel in any other AIM share like this (cash shell) there would be efforts to replace the board by now.

Would be so easy for them to either make an investment (take part in a placing) or return cash before it delists. Worrying if they think delisting is a better option. Have to wait and see like everyone else. Not confident they'll do anything now.

That's the problem really. Pi's are just sat hoping for the best, while they can just let this situation drift for ages. You'd think there would be someone with a large shareholding that doesn't want to see their money drain away.

Unfortunately there isn't any big shareholders to force them to do anything. It might be a case of finding the private investors that have big holdings (they must be somewhere!) and group them together, if that is possible. Might be the only way to see a return.

The NWIG cancellation RNS was out first thing. Just not showing on this site. So Monday morning was the deadline. All the ones that missed the first deadline were the same. No info till it was a done deal. Not good at all, but it is AIM.

Looks like the only proper one to miss out in the end was NWIG. As you would of thought at the start of all this. I don't know why AIM insist on putting investors through the mill like this.

Just think it would be very strange if Tang did all that with GCM, particularly raising money via primary bid and all the while GCM's major shareholder (a company he is chairman of) was going to be delisted the next day.

A lot of GCM news released after hours. Final results, Appointment of nomad and placing. Looks like Tang has been pretty active on the Adviser/broker side of things. Actually pretty confident we'll get something Monday after seeing that news and the CLP announcement earlier.

At least we know it's possible now.

Don't understand why they didn't get a bridging loan in the first place, instead of renegotiating the Avobone payments again. You can only assume they couldn't get one. Not even YA?

I think we all know where that rumour has come from. Funny how you can get away with saying anything on these boards, as long as it's a "rumour".

Always get this kind of stuff with companies in this situation. No one really trusts directors at this level unfortunately. So it's an easy dig to just suddenly just brand them all as con men. Have to remember 2 of them are still on GCM the board and Tangs main reason for taking over was to develop Phulbari. See what the say tomorrow.

Well we'll see what they say tomorrow or Monday. I have no doubts that if any of the other companies have to delist, they will also say they've made or about to make an application to trade on NEX (or another exchange).

It's down to them being suspended for six months. Says a lot that they still managed to engage with a nomad even with all those issues hanging over it.

wow. That's one of the latest after hours announcements I seen for a while. This is still a mess. All or nothing? Who knows where it will end up.

Not sure that's the best way to contact them to be honest. I haven't seen that email address used on many things for a long time and they always prefer to give you info on the phone rather than putting it down in an email. For obvious reasons. Not that it's really worth calling. You won't get much from them at the moment.

Extensions do happen quite often with companies in Aus, like you say it's just the way they are structured. I think it's all pretty much in line with what they said they where going to do, so wouldn't be that worried if I was a BLK holder. The POL situation on the other hand is a little bit more concerning. As with the rest that missed the deadline it doesn't look like any of them are going to get it sorted in time. So what are POL going to do? I guess they could reverse into a small listed shell or something like that. Maybe in Aus? Hope they at least give us some detail on their plans if they do delist. Probably will just get a "looking at options" statement though.

We'll see. Like I said before, I think we'd get a better valuation trading on an exchange over there rather than AIM anyway. So things could work out for the better. Hibiscus up to 0.75 now! I lose track of how much that stake is worth, but must be around 5.5p now.

Most small companies that delist from AIM tend to put their shares on NEX just to give shareholders that option to trade. It's probably one the simplest/cheapest ways to do it. Obviously it's not great for trading, but usually works ok if you set orders. To be honest I can't believe I'm even contemplating this being delisted, but with only a couple of weeks left I guess you have to consider it is possible. Find it all quite bizarre!