Lifting of the suspension23 May 2022 23:43
It seems to me from reading again the RNS released on Monday morning that the Court hearing is scheduled for 2 days and we’ve only had one.
“The Court sanctioning hearing for the Company's proposed Schemes of Arrangement (the 'Schemes'), originally announced on 6 December 2021, is scheduled to be held on 23 and 24 May 2022.”
“Pending completion of the Court hearing, the Company will request the suspension be lifted.“
So the consensus here is we will recommence trading tomorrow and the SP will fly away but will we? I would have thought the company would have released an announcement confirming the lifting of the suspension today, but it hasn’t, so will we or won’t we?
Only 1 sleep til we find out.