The Company’s solicitors Clifford Chance are currently reviewing the Annulment Committee’s decision and the Company will provide an update on this review within the next 7 days.....so by Monday latest.
If we were back above 20p I’d be confident something was in the pipeline. 2p or 3p still nothing. Just a few taking advantage this market. What’s changed? News in March when it was expected. Odds haven’t changed......GLA
Mike, if the ROI and DQ know the outcome, why the delay until md March? If it’s known I guess the buying interest is a good sign....still not convinced though. We would be at 50p by now if the signs were good. I continue to sit and wait like many others. 30p gets me out of my IG position and 27p is my average hold...some way to go yet for me!, GLA
Bloomberg 50;Companies to watch201918 Nov 2018 19:03
Today.... Barclays CEO Jes Staley is still standing after a period of layoffs, legal challenges, and a $2 billion settlement with the U.S. Department of Justice. The bank’s recent return to profitability may persuade investors to take another look. After all, based on price-earnings ratios, it’s one of Europe’s very cheapest banks.
Greka Drilling Limited (AIM: GDL), the largest independent and specialized unconventional oil & gas driller in Asia, has been unable to publish its annual accounts for the year ended 31 December 2017 by 30 June 2018 and accordingly trading in the Company's shares on AIM has been temporarily suspended pending publication of the annual report and accounts.
A change in accounting personnel at the Company has contributed to the delay although the Company's auditors are concluding their review at present and the Company expects to publish the annual report during the course of this week.
The way I see it is that if the company exist, Barclays get some return. If Barclays call the loan, then the company folds. Better to work towards closure than have it forced and meantime interest rolls in. Others might know better. For the record I sold out at 4.5p at a significant loss.
Just picked up on this.......Earthport plc (AIM: EPO.L) today announces that Hank Uberoi (Executive Chairman) bought on Thursday, 13th June 2018 in the open market 150,000 ordinary shares of 10 pence each in the capital of theÂ Company ("Ordinary Shares") at a price of 8.85 pence per Ordinary Share. Â