RE: Investigaton18 Mar 2023 08:27
The problem isn’t that City was using aliases (he not the first and won’t be the last). The problem is what he has said; his influence as a TR1 shareholder; his alluded to relationship with the Board and market confidential information he may have used to his benefit or the Boards benefit to get a Placing away at an inflated price. These are just some of the concerns including something that happened when they seized control (I have been contacted and seen a copy of a complaint to the Regulators). I am now of the opinion that there should be a suspension of the shares until a full investigation can be concluded by either the Regulator and/or lawyers. What a can of worms has been opened but, now, perhaps the share price will be at a level that reflects the true position of the company. We just have to wait for the RNS, which should be out very soon.