RE: Bake is Cooked27 May 2026 07:52
If GST had made a definitive material decision such as:
abandoning MiCA,
permanently shutting Bake,
impairing the acquisition materially,
or terminating the broader crypto strategy,
then you would normally expect:
a formal RNS/update, because that could clearly be price-sensitive information for shareholders.
That’s why I think people should distinguish between:
operational dormancy/reduced activity, and
formal strategic abandonment.
Right now the officially disclosed position still appears to be:
temporary suspension pending MiCA alignment/reapplication.