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IMO, I think the BOD has moved forward with a full company sale, due to the current environment.
My understanding is that a full sale dies not require shareholder approval.
It is also, overall, the best strategy for all shareholders, assuming no unfair sale price manipulation.
GLA
If we apply logic and common sense, that our BOD are in fact reputable and honest, the suspension would naturally be AIM Rule 15.
Facts
- Sale of at least 75% of the company assets.
- Would lead to a fundamental change in the business
Announcement compliant to Schedule 4:
Obtain information required by schedule for and prepare announcement.
Prepare circular to shareholders convenient general meeting to approve sale
A week ago, I was hoping to get out of the 9p range.
There is still much uncertainty, but I know the risks here. I've said it many times, for me, EUA is retirement and whatever the final deal is, I'll take the risk to find out.
GLA
Let's all hope for peace and stability. We get one life on this earth.
Ukraine cut off water to Crimea, post 2014. It was deliberately done. Of course, with today's news being so full of agenda, it's very difficult to get an objective representation of the situation.
Whatever the truth or the justification, loss of life needs to stop.