Member Info for EthioEthio

going by the new nomad working with the old for handover statement made by EUA, i thought the new would be ready by now. because EUA expected the new nomad to start last week. You can make 2 assumptions from that, 1, the advanced discussion has crashed. EUA are now frantically trying to get another nomad. 2, the new nomad may have already started and they're holding the announcement for a reason. I very much hope its the later for everyone.

anyone who says this BoD is best thing since sliced bread needs their head testing. By the way, i may sound angry but i really am not. i know what i need to know about AIM and the risks and thankfully i made tons of money on GDR but i still want a return here. i hate losing :)
those of you that came in at 29p, 45p, 50p etc, if you have not top sliced way before we hit 7p, you also need your head testing. Some of those that did top slice are telling peeps, relax its only money , don't gamble what you can't afford to lose. These people are id10ts. There are peeps here that have invested huge amounts in their sipps , peeps that have lost their jobs, businesses etc so i would hope they stop.

GDR is still on my watch list and i'll come back again, no doubt. LTHs should not panic. If you want proof, just go and study ncyt and how they dropped not once a couple of times during a similar phase to GDR. i.e, check when news came out at ncyt and sp that followed it. The drop is expected i think, esp as GDR gave away 60% discount which is huge in comparison to other covid plays. Reason for the 60% could be to raise all the money they need once rather than run a 2nd placing of shares. lths should not panic and should not expect the sp to be above £2 for a bit. it will shoot past that in 2 -3 weeks time. imho.

that will be smashed today
with the numbers coming out on the 14th, you can only see WSG going up. new investors will flood in soon too. i got in at 11.77 and very happy with it. i told you i brought my good luck here :) GLA

well well....£84k buy - 1mil shares. I think there's more to come before news. I've actually seen quite a few big buys of late 250k etc.

TF, TS - you guys can say anything, but when money talks , we listen. We believed, and we'll get our rewards!.

Blue day tomorrow. I would be surprised if we don't finish in 9s and may be more tomorrow.

New setup, new culture, cost efficiency, effective service and a new ESL which will be around for years! I expect a lot of good news and sp will shoot up to mid 20s at least. All imho.

"we could still be another 2 weeks from seeing an RNS!! "

Acesanddeights

Why do you think we're 2 weeks away WHEN EUA estimated the new nomad would be ready before the old finished for handover?

EUA believed the new nomad would be ready for handover before the 30th of April meaning they could not have had much left with regards the due diligence at the time RNS was issued.

it's been smashed. It will keep claiming all the way to the 14th. The numbers should be excellent and it will bounce up again to a new level. I've been in ncyt, then gdr and I've brought my luck here Lol, only 1 way here..north

Marve

all the long term holders will get rewarded here. I have NO DOUBT about that. This is going places and good luck to you all.
the MMs will try to play games but you need to stay strong , product is not that far away. GLA

technick

I sold for a lot of profit. I bough in at 73p and sold for £2.15.
I did not read the whole of the RNS. I just got ****ed off with the way they done it and ejected.

i sold out yesterday as i was unhappy with regards how the last 2 RNSs were delivered. Nothing to do with the product which will be best of the lot. Having read the RNS carefully, i still think it will as well as ncyt and may be better. However i expect it to drop a bit before moving back up to £2.50 - £3 on next news. I have a target price for re-entry and i may see you again.

That long RNS should have been issued at 7am even better after 4:30pm to give people a chance to digest it. Whoever decided to release it after 8:30p when so many bought in at £3 that same day is evil.

by design to engineer a TO we all wish to think but we don't know and we will this month, in details. i just wish they give all of us a peace of mind by announcing the appointment of a new nomad with immediate effect. They can then wait till end of May to complete whatever needs be done for sell/TO/clarification.

"as it stands the only reason given for suspension is social media speculation."

No, now, we have no nomad.
So the social media speculation is the least of our issue.

by the way, one could argue the social media thing could have been by design. esp, when you consider how long it has taken for a clarification.

If they expected the new nomad to ready for the handover, they would've assumed the process was almost completed.

failing that, you would then think, a few more days. on top of their original start day prediction. This is why i was expecting news last few days. I certainly don't expect us to wait till end of May.

We've got plenty of time still but you also have to look at how much time they've already had. sorry if i worried a few of you guys.

if the numbers are good next week, this will go in the 20s. newbie with a small amount bought in this morning

FRR didn't need 75% to go private. They just did it..... ??

This is AIM. They can get away with anything. They can delist by just not employing a new nomad.

Look at NMC and FIN. The CEO is basically saying he did not write or sign any of the cheques. Those companies have lost £billions and PIs have lost all their money. Go and read their bbs for some reality.

jester16 -

some here think its due to a massive sell of some sort but for almost anything, they've had enough time.
No company ever suspends due to a TO or sell. That twit could have been by design. All those cancelled trades for MASSIVE AMOUNTS leave you asking questions.

clarification would never take this long.

our nomad is gone for unknown reasons. a resignation at that. from a company where they would have been set to make tons of money so you have to ask why.

we've been told shortly, in due course, advanced this and that and they mean nothing. In the end, you have to ask WHAT have we got now? Where are we today? - we're about to be delisted and record shows, small companies that strike it gold have been known to delist, go private and do all their dealings in private and the poor PIs end up losing as there won't be any transparency then. Don't tell me about skin in the game because they would be rewarded for what they hold. I'm not saying this is where EUA is going guys but increasingly, its looking to be the case.

There's literally NO reason they leave their valued investors with nothing for months. We're so starved of any info, we are looking all over the web trying to find clues.

PS, there was meant to be a handover period, which they stated in the RNS, failed! A lot of you keep saying this BoD is superb but i have seen little sign of that since i've been at EUA.

Those of you who say you should not use money you can't afford to lose, you are id10ts. no one likes to lose money. Why are you here on a suspended stock if it didn't matter to you? There are a lot of people on this bbs who've invested thier pensions for crying out loud. Have some sense.

Written off now. i think lse should use IP addresses to block. its easy. That way, these ID10Ts can't create a new email address, register and come back again. A big firm like this should've decent enough IT to use IP to block. Esp where info leak is paramount.

Back to EUA, last RNS was just before Easter break. Will they give us news just before the bank holiday?

New NOMAD - a confirmation they've one is all we want to hear. honestly, they've had enough time to get one as the last one resigned, giving them adequate notice.

They've had our money locked since Feb. Get your act together and give us the news many have desperately waited for.
I'm starting to wonder if they're looking to deliberately delist and take it to private where we have little control and they don't have to give us any news at all.

mid 7s or mid 8s and it seems the later for today. It may breakout to 9s . Looks positive. Shame i can't top up now.
TF , you think news today or tomorrow? I hope so. I've been saying end of May but you never know.

@Mark, i don't think we'll see it in the 6s before end of May. The last time it was in the 6s , the spread told a story with regards MMs. Low 7s will do for me and i will set a limit tomoz.

TF definitely no mug and one to follow. i'll take a look again. thanks

TF "The recovery at AAOG begins Ethio"

It was on my watch list and took off today. I hope for you it recovers and it should do in the long run. i went to check it out and a lot of the twitter ramp herd are on it which isn't great for now. new management may turn it. hectic day for me and i sold my GDR 3x my investment,very happy with that. Looking to add more here at ESL. If it drop to low 7s am def buying more. update isn't far away. till then, our level is mid 7s to mid 8s. Looking to see where my profits will go next. I don't expect news here till end of May.

can they sell before 28th May?
Lth, what happened NON DILUTIVE funding promised? am still unclear on that.

I think its positive that iis are interested/believe in GDR and when the price was around £1, they agreed placing at 80p but the SP went up to high £2s since. Post 28th May, they will definitely hold for bigger profit as that's when GDR will start to make money. I still believe GDR has a lot of potential but i was not happy the way it played out last 2 days. I feel really sorry for those that bought in this morning on the back of the late RNS yesterday.