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so unless we get a RNS by the end of the day i am going to presume that we are getting suspended
an example of a RNS when a company gets suspended released at 7.30 am that morning
1 July 2020
Richland Resources Ltd
("Richland" or the "Company")
Suspension of Trading on AIM and Corporate Update
Richland (AIM: RLD), as announced previously, became an AIM Rule 15 Cash Shell on 31 December 2019 pursuant to the successful completion of the disposal of its former wholly owned subsidiary, Richland Corporate Ltd, the holder of the Capricorn Sapphire Project (and the Company's loans to Richland Cororate Ltd), to Fura Gems Inc.
As such, the Company was required to either make an acquisition, or acquisitions, which constitutes a reverse takeover under AIM Rule 14 (including seeking re-admission under the AIM Rules for Companies) or become an investing company pursuant to AIM Rule 8 (either being, a "Re-admission Transaction"), within six months from 31 December 2019, failing which, the Company's common shares would be required to be suspended from trading pursuant to AIM Rule 40.
To date, Richland has not consummated such a Re-admission Transaction and accordingly trading in the Company's common shares has been suspended with effect from 7.30 a.m. today.
Wasn't one of the recommendations to issue new shares
And it says all recommendations passed
What does that mean are they going to issue millions upon millions of new shares
Sometimes the big investors wait till all the weak investors sale and then buy give it a couple weeks and the a big jump again
RG most probably sold some shares due to tax obligations
Has news come out or is people just selling for no reason
Has news come out or is people just selling for no reason
I thought the usa markets open up at 1pm from pre market trading the also start releasing earning reports from this times well
They do looking interesting, i think the 6 month deadline is up on the 5th October, I pray they tell us what is going on soon
Thanks, I do hope they has an rns on the 1st to tell us what is going on
Due to the COVID-19 pandemic, the AGM will be held as a closed meeting, meaning shareholders will not be able to attend in person. The meeting will take place at the offices of Hill Dickinson, The Broadgate Tower, 20 Primrose Street, London, EC2A 2EW on 1 October 2020 at 11 a.m.
Because the meeting is a closed meeting, we would urge all shareholders to vote via proxy. Completed Proxy Forms should be returned to our registrars, Share Registrars Limited at The Courtyard, 17 West Street, Farnham, Surrey, GU9 7DR to be received no later than 29 September 2020.
Has anyone had a vote or know what is being voted on
That's what i thought, I do hope something happens soon i just want my my back what I have put in
It looks like the aaog main website has been taken down
Look on the London stock exchange website someone bought 60000 shares @50p after hours
I pray this goes back up my break even is 1.37p now i invested in this last may at around 9p and kept buying more on the drops, felt like was going to have a heart attack when it drop to under a 1p saying down 98%