We have to submit a new admission when the acquisition completes because it constitutes a reserves takeover.
Therefore it doesn't matter if our admission is cancelled tomorrow with no NOMAD (yet), as we are going to have to submit a new admission anyway on 1st October.
Maybe HNL are just saving the hassle and going for the new admission and new NOMAD on 1/10/17
I check this daily, it feels like holding a winning lottery ticket as you wait to cash it in.
I hope I'm right, but who knows, this might not be as big as I'm hoping.
But what does this mean
"The Company’s existing quotation on AIM will be cancelled and the Enlarged Group will then be admitted to trading. "
What does this means for the shares we hold?
I'm waiting for August, like a kid counting down the days to until Xmas.
Now will it be that new sports car I've wanted or just another pair of socks..... (don't let me down Santa Cochran)
Sadly mostly sells for last few weeks, people pulling out not having long term faith.
I'm in the for long haul and know it's be a while till we see a huge jump in value. (doesnt mean I don't check 10 times a day!)
Ah ok, see you've got a better understanding on this that me!
What are your views on the share capital reorg? Will raise the share from a 0.5p share to a 20p share (trading prices)
No much happening, also disappointed the SP went back down to 50p after all the RNS and license announcements.
Hopefully the results released this month will get better results, any idea when they'll be?