Member Info for MrEMC2

If we reach 4th November without any news will we be automatically suspended am or pm ? ie will we be able to trade on Wednesday 4th November?

All I can say this morning is gobsmacked GLA

If only I had traded instead of talking about it. Okay enough from me today you'll be glad to hear. GLA

Hygrogen you have blown the gas out of UFO lol

7 bags in two months???

Me too I sold 1,000,000 @ 0.2017p

I suppose we will get a bit more trading as the 4th November deadline approaches. Thanks for keeping the spread honest.

It pains me to be stuck here , down 41%, when I could have been loading supplies into my spaceship. Ah well only 14 trading days until 4th November.

But someone thinks it is worthwhile investing £500k in this one.

Yes - well spotted jjcamargo.

Another trade on the 5th October - I suppose that as trading is taking place it must be encouraging!

A lot of shares are in issue as consolidation has not happened and although my holding is miniscule I would not mind getting my money back.

"As a result of the Placing the enlarged number of shares in issue will be 2,303,046,912. The Board intends to recommend a share consolidation in Q1 2020 on the basis of 1 share for every 1,000 shares in issue".

This bit is interesting in that one of the bullet points has already been voted on, ie authority to allot shares etc, at the AGM .

So perhaps we are much nearer to a rto target and won't require a long suspension.

"Notice of general meeting
AIM Rule 14 requires the shareholders of the AIM company to consent to a reverse takeover transaction. Therefore, a general meeting of shareholders of the AIM company must be called to approve the transaction. The notice of general meeting is usually at the back of the admission document and the meeting will be convened at least 14 clear days' after the date of the admission document (see Practice note, General meetings: notice: Length of notice). If the AIM company is adhering to the 2016 UK Corporate Governance Code, code provision E2.4 recommends at least 14 working days' notice is given. There is no similar provision in the 2018 UK Corporate Governance Code.
There may be additional resolutions proposed at the general meeting, including:

The appointment of new directors (from the target business).
A share consolidation or share sub-division.
A possible change of the AIM company's name to reflect the target's name.
The authority to allot shares under section 551 of the CA 2006 and the disapplication of statutory pre-emption rights under section 571 of the CA 2006 to enable any associated placing of shares or issue of consideration shares.
A whitewash resolution."

The three major holdings add up to 37.22% but on the website it states 35.58% not in public hands. Why the difference?

https://www.aaog.com/content/investors/investors/shareholder-information

That comes to 37.22% so who owns the majority of shares? No large nominee holdings? Wonder if they will publish the number of votes cast at AGM?

As a legacy investor I will be keenly watching the share price after 11 am tomorrow. GLA

Three trades totalling 200m shares traded on 30 September; mid-price still 0.15p

I certainly want you to be right Tiburn and I bought 200k more this morning. GLA

Try this one

https://www.youtube.com/watch?v=i5Lxo97jWdk&ab_channel=CDFundNL

on 16th September Stephen said:

"Hey DJ ! Just sold the last of my 20M 2.5p warrant shares today at 24p plus over in GGP !"

There was a trade on 15th September 2020. Mid-Price still 0.15p - so there is life in the old dog!

How can you have a zero trade? (not UT)

Sep 28 2020, 08:17 0.30 0 0.25 0.30 Buy £0.00 O