RE: Reverse takeover6 Sep 2023 09:23
I had pondered that myself Mustard, but assumed I'm just not informed enough to understand the details.
Here's the timeline of events though:
- Complaints about the board's behaviour is brought to the attention of the FCA
- The price spikes suspiciously quickly in the morning (before the RNS is released)
- The RNS is released, vaguely referring to the possibility of some funding (+ yet another extension, yay)
- Selling begins and the morning's gains drop back
- Trading is suspended by AQUIS
- This appears to come as a surprise to VLRM as they clearly didn't have an RNS prepared and it took well over an hour for them to get one out