RE: Future investors15 Apr 2021 14:42
I agree with Flundra.
There is no-delisting for 3 years from 1st July 2020 and even when that date comes up 75% of shareholders have to agree with de-listing. Agronomics is a great medium to long term investment, not for the make money quick who follow the herd, who sometimes the herd have no clue where they are going, not wishing to sound rude.
I am in this for the next 5 years where I expect a share price of £10 +
For me this is great buying opportunity :)
THE FACTS ARE BELOW FROM AGRONOMICS RNS RELEASE AND RELEASE DATES
Agronomics RNS 19th June 2020
Under AIM Rule 41 the De-Listing would be conditional on 75% of Shareholders voting to support a resolution to delist. Prior to convening any such general meeting, the Company has initiated a 14-day consultation process to establish the level of Shareholder support for the Proposals (the "Shareholder Consultation").
Conclusion of consultation being to remain on AIM
1st July 2020
The Board is conscious that, as a consequence of the consultation process, some shareholders, and/or potential new investors, may believe that, despite this decision, the medium-term ambition of the Board might be still to de-list the Company. To reassure shareholders that this is not the case, the Board has today provided Beaumont Cornish Limited (the Company's nominated adviser) with an undertaking that it will not, other than due to regulatory reasons beyond its control, or in the context of a proposed takeover by an arm's length third party (in compliance with the Takeover Code), seek to de-list the Company's shares for a period of three years from the date of the undertaking.