Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
They had one today, I didn`t state they had one yesterday, the transaction was actually yesterday so the RNS could have been lodged then. I just thought yesterdays late rise and todays susequent fall was weird when nothing material happened!
It`s no wonder this BB has gone to pot, everyones so narky!
I think the RNS that was lodged yeserday was for Dp Eurasia(up %14) and some thought/misread it was Eurasia mining, would explain the huge swing and traders showing up!
And the bullying/name calling of a poster who actually asks the difficult questions rather than wants unicorns farting rainbows starts. You should be ashamed of yourselves!
It`s a free world...
What`s it got to do with you?
that, even if one of the directors in EUA, dropped his kecks then proceeded to lay a steaming great log on the desk of some here, they would still just say something along the lines of "well my desk needed cleaning anyway, plus I like the smell!"
Aren`t investors supposed to hold the top people to account.
I thought this had changed [via SSR] on the 31st of March to 0.1%, may be wrong! Someone with more knowledge about this stuff may be able to advise.
Seems no one else noticed that First Equity Limited (Joint Broker) don`t seem to be on the RNS. Looks like they were present on every one for the last several years!
Why do some keep going on about shorts, I thought it had been made clear several times, there are none, just spread betting!
So what if I`m not invested! Iv`e stated this from my first post so surely someone who has a completely neutral point of view might be seen as unbiased, no! or do you just wan`t to see unicorns farting rainbows!
This is a free to post bulletin board, does it stipulate you have to be invested in a share to have an opinion on said share/company?
If it`s as easy as everyone claims to mock up a screen shot/image such as TDT`s then go on then. You`ve got 2 hours and I want the FTSE, DOW + NASDAQ numbers in the image or the date and time.
Or is it just a case of anyone who says anything not bigging the company up just gets name called? It sure seems that way on here, is it paid rampers that do it? See it can work both ways!
Also many people are glossing over certain things. The initial tweet said that citic had signed an engagement letter, which any bank would do as it is a written contract which specifies how much they would be paid on completion of any deal and what variables they have to work with. A respected bank wouldn`t do this just on a verbal contract, not a chance!
The "clarification" [imo] was where this all started, who told the guy who tweeted it, because if it was true [which it turns out not to be] an RNS should have been issued.
Anyone who studies the above would have a field day on here! I read this today and thought of here.
"Bulletin board providers are popular among many private investors – some of whom are incredibly well researched, and some of whom (to put it politely) aren’t. At the lower end of the market, these boards are used to encourage the naïve to buy into a stock. There are many who have multi-IDs who then literally have a conversation with themselves, in an attempt to generate excitement around the stock.
Should anyone post a contrasting opinion – they are called out as a ‘shorter’ or a ‘deramper’ and are the subject of abuse. Worse still, the group encourages everyone to ‘report’ the post in an attempt to have the post automatically deleted. This means that anyone viewing the board will only see one positive narrative because the posts that are automatically deleted are not reviewed by anyone. Those who own the bulletin boards don’t care about the actual content of the posts, because they’re not monetising the boards. What they monetise is the volume of traffic on the site, which they then sell in the form of advertisements and impressions. So, while the bulletin boards are free to use, there is almost no point in using them. "
Not sure if this will have much relevence to Eurasia but it would seem Moscow have just implmented lockdown to an extent.
" Moscow, where the number of coronavirus cases now exceeds 1,000, has introduced a tough self-isolation regime. From Monday, residents of the Russian capital will be only allowed to leave their homes in cases of absolute necessity.
Under the new rules, Muscovites can go outside if they need urgent medical help or to purchase food or medicine, for which they must use their nearest stores. They may also throw out trash and pet owners will be permitted to walk animals, inside a radius of 100 metres from their buildings."
The effects of Covid-19 are going to be felt for quite some time...
The replacement just changes London Stock Exchange to company`s Nominated advisor but still gives the same phone number!
Anyway it would seem it was the company that asked for the share to be suspended and the LSE agreed on the "protection of investors" rule, although we`ll probably never know.
I haven`t got a clue who the guy who tweeted the "issue" is, has he any connection to the company, the tweet sounds like good news to me.
p.s. Thx for the response and your point of view...stay safe and take care.
It does seem to be on quite a few but not all...my bad, the whole episode is confusing [but intriguing] for someone trying to learn!
The LSE must have suspended the stock, otherwise it wouldn`t be suspended, surely! The first RNS [6050C] was a notification from the LSE that the share had been suspended this was subsequently amended by RNS 6053C which adds "the company nominated advisor" then states the full amended text is below, but that text is axactly the same as 6050C, the second [6696c] was a statement explaining why from the company.
I find this quite interesting at the bottom of 6696C
"The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014"
So from that text we can ascertain that the company asked the LSE to suspend its shares because of the tweet. The LSE agreed and suspended the shares...what happens now is anyones guess!
You know this how? All Iv`e been able to glean from RNSs is this...
"Trading on AIM for the under-mentioned securities has been temporarily suspended from 11/02/2020 7:45am pending an announcement." RNS 6050C issued by LSE.
Then:
"The Company confirms that, following social media speculation, trading in its ordinary shares has been suspended (at 7.45am today) pending clarification of its relationship with CITIC.
The Company's AIM securities remain suspended. Further updates will be made shortly." RNS6696C
Nowhere do I see that the company asked for the suspension and granted I don`t see the opposite, either way the company didn`t suspend the shares the LSE did [that is where the`re listed] maybe with guidance from the nomad or company!
For the record, I am not invested in EUA. This has been more of a case study if you will.
Iv`e been reading the board on and off for a while [just curious as to what happens] and see one thing I can`t get my head round, maybe I`m a bit dim!
From what Iv`e gathered it was the LSE that suspended trading in EUA shares and I keep reading it`s a good thing at the moment [it probably is]. I also read posts that give the impression it is up to the company when to re-list...surely that isn`t right, don`t the LSE have the authority here? They don`t/shouldn`t care if its a good time to re-list, they order the stock to be re-listed possibly on information from the nomad.
Hopefully there is a resolutin to this and the people invested come out with some lolly :) The tweet didn`t seem to say that much, but what do I know!
Debbie White bought 37100 shares on 10 may 2018, there is nothing about her selling them shares in any RNS I can find!
It was a stitch up (the BOD wanted this outcome), we all know this but nothing will be done...
One other thing :) I suspect that the BOD know full well that the deal offered won`t go through, maybe even all the biggish buys recently have been to help make sure it doesn`t.
They can always blame it on the shareholders themselves then, sort of like a "well we offered them something".
It`s looking increasingly likely the banks/Emerald have got exactly what they wanted all along...what a surprise!
This has been planned for months with the BOD knowing full well what was going on [they`ll keep their jobs and nice bonuses].