Member Info for Edward75

Investors would want both markets open for a reasonable time before considering any Rights Issue offer price on offer. So really I would like the Australian market open ASAP, before I consider adding to my shareholding in any way. Because with only the London Market open the Australian market SO4 is in hibernation and we have no indication of the Australian sentiment of SO4.

Problem with this is making the decision about when you think the bottom has been hit. SO4 could go a lot lower maybe even halve again. So you could end up doubling down a number of times. Also many investors have a high average price.

Please Luis would be so kind as to give details of why the end of October is so significant in 'Small Modular Reactors announcement in the end of this month'.
Do you think that the government will be awarding contract to RR. for maybe the first SMR?
Thanks.

Thanks for the additional information.
Cheers have a good day.

Just checked this on list of trades for day "and then after hours today a trade of 2,483,390 @ 108.95." which appears to have been cancelled at 16:39:40 108.95
-2,483,390. Maybe this helps.

This board is for RR. posts?

7p match

Good morning all.
Please see 2 SO4 RNS SO4 on ASX website.
Worth a read for update of the latest news on SO4.

Thanks lootgaloot for your detailed reply which I totally agree with.
Your final paragraph hits a key point for me since I feel I have been mislead by bullish tweets from CEO that all is fine and progressing well, which we now discover was just wishful thinking.

Any thoughts from anyone on when normal trading will commence on ASX and AIM. ASX appears to suggest normal trading could start again tomorrow, Thursday 29 July 2021.
It is interesting comparing the recent RNS from ASX and AIM, with ASX being more informative than AIM.
Good luck to all those invested in SO4. I hope the next RNS is crystal clear about a strategy for a way forward that supports those invested in SO4.

I wonder what the management are going to announce and the timing of next RNS. I guess they will publish next RNS in out of trading hours, considering both trading markets. Whatever the problem is they must also propose a way forward, at least I hope they are still thinking in a positive way about their business. I am an investor in SO4, so I am very concerned with the suspension and hope for a speedy solution to SO4 problems whatever they may be.

I agree with all the 'on the pulse' posts by 1eyedman and Pondering today. I have been adding more SO4 at what I now consider good prices. But I would very much like in the near future a positive factual RNS, that states sales made with some positive numbers. We need the share price to trend up for a change!

Very little trading in SO4 today.
MM need to set spread at prices that encourage trading.

Pondering -Thanks for your reply. So maybe when ASX SO4 opens on 25 May 2021 they will take + or -15% drop in share price matching the AIM hit today. We will find out next week the sentiment of SO4 Australian investors.
If SO4 wants to raise more capital, they could start by treating all shareholders in a similar manner with respect. One rule for ASX and another for AIM is a downright unfair arrangement and will backfire on the company.

So the brits take a hit after being bowled a real true bouncer by our Australian friends down under and take a hit on their portfolio, while the Australian investors enjoy a day in the sunshine, with no worries.

So one rule for ASX Australian investors and another for those invested on AIM London. Seems unfair to treat one group of investors one way and the rest as they don't exist. I think trading on the AIM of SO4 should be halted. For some AIM investors their stop loss mark will be hit and the fire sale starts which all rubbish, investors and the company.

Strange if the Australian market cannot trade SO4 but everything is normal on London market. Any thoughts comments on this situation would be most welcome.

I thought trading in SO4 has been halted!

You might consider using Level 2 on LSE.

Just read this article which is informative, yes interesting and very positive about SO4.
Thanks Arun100 for the post.