The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
stix40, I think there is no need to quote the rule. WHI should have checked the RNS wording.
It is easy for anyone to phone up Keith Byrne. He is willing to answer questions. The company phone number is on the recent RNS. Keith usually answers the phone.
The first RNS on the suspension said that queries should be directed to the Stock Exchange, which suggests to me that the suspension was requested by the exchange. That RNS was then replaced by one that says queries should be directed to the Nomad WHI.
Keith is the Company Sec. I think he should have access to the shareholder register.
gfd, I phoned KB and asked him about resuming trading. K said in reply that this wasn't in the hands of the company. I think he meant that the AIM Regulator would need to agree to lifting the suspension, but he did not state that explicitly. It seems likely that the Exchange suspended using rule 40 of the AIM Rules - https://docs.londonstockexchange.com/sites/default/files/documents/AIM_Rules_for_Companies_January_2018.pdf
I think that KB does not like giving shareholders information and may be unhappy by me mentioning his reply on this board. I hope that A1ex gets a response from K.
The ACF report was not meant to be seen by retail investors.
The report says this in a note (page 24) - "This research report and its contents are intended for professional investors and not for retail investors. A marketing communication under FCA Rules, this document has not been prepared in accordance with the legal requirements
designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of
the dissemination of the investment research. ACF Equity Research Limited is authorised and regulated by the Financial
Conduct Authority. However the contents of this research report are produced as if ACF Equity Research Limited is
unregulated and consequently this report does not contain investment recommendations or ratings.
ACF, its directors, employees and agents accept no liability whatsoever for any loss or damage of any kind arising out of
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scored, when do you expect some news?
DD, good point.
The insider trading rules may apply to exercising warrants... The chairman has to give clearance for directors to trade shares when there isn't a trading ban.
https://help.stockopedia.com/technical-guide/insiders/directors-dealings-disclosure-rules
Ian, I am not working with JakNife or anyone else.
I do not know Spikeyj in RL.
lhg you're correct in saying that. Rawlinson has an excellent background.
lhg, good point about the new NED. It's a positive sign.
DUFC who has said there is possible legal action?
Spikey in fairness the non-exercise of these warrants seems a bit odd. It's not really a vote of confidence. Perhaps DS did not want to pay £100,000 to exercise the warrants in May? Did he feel concerned about whether a new Nomad would be appointed by the deadline and did not want to risk getting extra shares in a delisted company?
I hope there is a reason to celebrate soon!
Hallster I think you must know that EUA shares are suspended. I cannot sell or buy some more!
gfd just ignorance and never deramping..
I am also sandgrown as you have correctly found out. Are you R1EX on Twitter?
gfd thanks for your post. You're completely correct about the subsidiary!
I am just pointing out an inconvenient fact that can be seen by anyone who looks at the tweet.
The document does not mention Eurasia Mining.