Daniel stewart6 Nov 2018 08:24
May have resigned as broker but after only been appointed in April in the middle of the period in question, I would suggest they are knee deep in the ongoing investigation-
Resignation was forced upon them and no doubt now that the excrement has hit the fan - forward selling of stock may be found to have taken place. Another Beaufort style investigation maybe
I will be shocked if the money for the licence is sitting in an escrow account. Daniel Stewart resigning isn’t a negative as long as Svs are still willing to be broker.
Anyone resigning at this point is being pushed out pending investigation. My hopes for a re-listing are around 2%, however the price we come back at could be significantly lower than where we suspended. It all depends on the escrow account