Member Info for John2015

https://www.fool.com/knowledge-center/what-happens-to-delisted-shares.aspx Not necessarily the end if the road!

The company are not answering emails either, although as I nade it clear I was contacting them as a private investor they might not feel able to say anything that could be �sensitive� - an acknowledgement would not hurt though !

FB details sent.

A couple of sales, outweighed by several larger buys do not justify todays drop, most of which happened at lunchtime as it often dies, just by conicidence of course. Watch it bounce back nearer close IMO. Don't fall for it.

Unless a nomad is appointed by Friday as far as I understand things GRPH shares will be delisted. I'm assuming if that is the case al bets are off - no news on the acquisition and delisting would put the company in a position where, at best if they pull off a deal, they have to reapply to be listed ? At worst I assume the company folds and we probably lose our investment ? Anyone know different ? Hoping for some positive news before Friday - best of luck to all. The gambler in me still thinks one was worth a punt.

If I hadn't averaged down my paper loss now would be just over 80%. As it is in my ISA its 65% and outside the ISA 35%, overall just over 50% - so the good news can't come fast enough !

As I understand it GRPH had 1 month from the resignation of their nomad/broker Panmure Gordons resignation, to appoint another. That month is up at the end of next week. If a replacement is not appointed I believe the share will be delisted, when I assume all bets are off. I have emailed the company twice but had no response so far. Have to admit it is not looking good. If any representatives of the company are reading this some news would be very welcome !

Fair comment trrime and thanks for the insight. Still mightily disappointed at the sp though ( and still holding for the ( very ) long awaited promised land ).

that the lowest price on the 5 year graph prior to consolidation was 0.26p ? Worth noting that 3.25 over 20 is a tad over 0.16p - so the sp is effectively lower now than it has been at any time in the last 5 years ? Wonder how Neil can describe this as adding value or an investment vehicle ? Not deramping just bloody furious.

With great assets and lots of news imminent. And then he spends more diluting the sp Only a complete plank could preside over such a c*ck up. For gods sake at least remove Neil Ritson or make sure he can't stitch us up again !

Within 1 month of the resignation of the previous broker. 1 week gone and counting. Is there any reason why a new broker could not have been organised once the previous incumbent had made their intentions known, even if the appointment might not be announced before said resignation took effect ? That way a replacement would have been seamless. This way is less reassuring.

in my opinion. They are talking about appointing a new broker and updates on the acquisition and share suspension. Doesn�t sound like they've thrown in the towel to me, quite the opposite in fact. Surely if they were not trying to put together a deal there would be silence and the deadlines outlined previously, now, Mar 18th and May 30th would slip by with no comment. Still positive, still think it is worth a punt and still hoping for a decent return, in time.

No reply to my email of 31/01 yet, so I have emailed the PR company (Yellow Jersey) as well. I will also resend the original email to the CEO and cc it to other directors if I can get contact details for them.

is another broker (nomad) being appointed. We need this to be done by March 18th or we will be delisted. Until then all we can do is wait for news. Once a broker is appointed the shares can trade again,if the reverse acquisition deal is successful. The share can remain suspended for 6 months before it is delisted. The six months are up in May if memory serves, so hopefully a broker will be appointed before 18th March and a deal will be done before May. No idea what the sp would be but bought in at 1.38p and always looked at this as a punt. If luck holds MAYBE the sp will bounce back to previous levels, ( probably not in the short term ).15p to 35p has been seen before and would be a 7 to 15x return for me. If luck doesn�t hold we probably lose our money. In my case 200,000 shares worth. Makes life interesting. For now its just a question of waiting, possibly only 5 weeks or less if all goes well, certainly no longer than 3 more months.

18th Feb Broker resigns, 18th Narc if no broker in place shares delistedd - so 18th March 1st critical point.

Mk007 The RNS says they are progressing so I agree the intention is oresumably to appoint a new broker. They have also said in the previous RNS that negotiations should be complete by April, if I remember correctly - so that deals with the six month deadline. Looking positive, staying optimistic. If they pull the deal off it could be very good which is why I�m still feeling positive. With regard to your last point I have to say I don�t know exactly but it seems reasonable that if they fail to pull off a deal the company could fold. We know the company have various debts and shareholders could form part of a long queue ? A lot depends on whether the company would try to walk away and start again or deal with their obligations more honourably IMO. Happy to be corrected by those who probably know much more than me. Waiting hopefully !

E Mail sent to company - if I get an answer ( to be honest not holding my breath ), I will share it.

by 16th March. Even if one is appointed GRPH will be delisted by 30th May unless the deal has been concluded. So there are a couple of dates to bear in mind, meanwhile a further statement from GRPH giving more detail of their intentions would not be an unreasonable thing to expect. Whether it will do any good or not I don�t know but I will try to contact the company and ask for more info.

Looked for info on the director who has left. It seems he was a finance/accounts abd governance specialist. The finance director who is an executive remains in post so can�t quite see what impact the other guy leaving has. I assume he genuinely wished to put the family first or simply disagreed with the companies change of direction. Anyone else have any info ?

ace looks encouraging, at least talks are well advanced and the fact we have an extension is positive IMO. Looking forward to more news in due course.