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Have people received this yet? It says I'd get it today. Those that have, is it listed as a dividend in the dividend section?
Really pleased how this has recovered and held. You'd think in a situation like this would be lots of day traders trying to make advantage of the situation (which I don't begrudge them for either), and yet price has still held really nicely. A near 50% rise just on a recovery situation is immense, it's far easier to go down than up especially in AIM and current market. Great day, am very pleased. It's already near the low in November of around 27.25, hopefully we can keep steadily climbing from here, or at least maintain around this range until we get the crucial sale info.
The share price isn't going to recover fully today as people's faith has been rocked. People I'm sure also have seen this as an opportunity to trade knowing they could make a quick buck. We need a proper good news RNS really to fully recover/go beyond. Still though I'm pretty happy with just a few pence down from 29. We avoided the worst case scenario and we should be grateful for that. Maybe I should be more annoyed, but honestly just feel relieved.
Probably for an investment gone wrong and was massively in debt/had to cover a bad short. Or he needed the money for a new investment. If it's the latter, that's inexcusable. Though the fact he gave no heads up at all, I don't understand what situation would be so urgent he would need millions of dollars. It kind of looks like he didn't tell the board, because he knew they'd be unhappy with it. Did the action, apologise later. I'm sure this could have all been handled better. He has damaged the company's credibility now, and the board isn't even at fault. I thought the recent news releases until yesterday were really good too, were building momentum which is lost now. It will take time to build that up again now, hopefully they just get the sale done sharpishly now.
I mean the way the RNS is put out, Alexei has pretty much blindsided the board, they couldn't do anything. Maybe he didn't want to be talked out of it. I could theorise maybe he needed the cash suddenly due to a bad investment or a short gone wrong or something. But it's very irritating, this guys is employed as "strategic advisor" and yet he's done harm instead with his recent actions. I sympathise if it was something truly urgent, but he must have known by doing something like this he was negatively affecting the board and shareholders.
Happy there's an RNS which cleared this up. But honestly this seems tremendously stupid, why would we not notify board first. They could have put out the RNS immediately if he had done and we would have avoided all this mess somewhat. Hoping for a strong reversal now.
Hope things are alright Matt, remember you on the chat boards when we suspended. I was devastated then, but while today is a bad day, is not anywhere near as bad as I've derisked since then. A profit is still a profit, even if we had dreams of much more. There still chance it will go up and we're better off given we bought cheaply opposed to the guys who I really feel sorry who bought much higher.
Really been a bad day. Ftse isn't doing well either. Very unhappy, but this share has given me so much already and generally for the long term holders there was plenty opportunity to derisk properly. What's surprising that this has landed after a few pretty positive RNS in the last few months. Honestly thought we were going in the right direction, am shocked, it happened so sudden. Hope this recovers, but the company need to release something to explain this quick.
I expected this to happen tbh, a decent sized increase which then falls to a small increase . Seems to always happen when an RNS is released, particularly people already expected the rns day before. People take advantage that it isn't a sale RNS. Been a pattern with this share for ages. What's really encouraging is the amount of trading volume today, it's important with AIM shares that they stay relevant which is what EUA clearly is doing. If they keep releasing good RNS one after the other, nothing to worry about.
This is great news as it kind of provides a base, it's unlikely to drop much below 22.5p now as we wait for a sale. It is also likely considering institutional investors have bought at 22.5p, the actual sale figure expected is quite a bit higher than that.
The share price won't shoot up with news like this, but it gives a lot more security for shareholders which is much welcomed IMO.
The drop from 4p to 2p was when people sold back then because there was no immediate news of a sale. It was a decent RNS, but people thought they had time to sell and buy back if needed, when the next rns landed. I didn't think of it at the time but honestly in some ways was a smart move, I would have been able to make some profit and then buy back again. I didn't think of that at the time, just held back up.
Here is a little different. There has already be announced plans to sale, sale process begun. It's far easier to be caught out this time and not be able to get back once they've sold. Any extra RNS/positive news will likely make the share price go up along the way up to the eventual sale, as it illustrates that we're getting closer to the sale.
The positive for me is that they've been thorough, released an RNS more or less on time, no push back for months. It's more transparency then we've had probably since the suspension started. The company has said that they would sort out the suspension in accordance to the report, so we wait until they can make further progress on that. But it's a start.
Very happy with that, good timing had fears would be delayed for months after the emails people were getting back. Glad they decided to release it on time. The UBS stuff is promising. It's very encouraging can there are actual positives written down in a formal RNS, restores a lot of faith for me.
I don't agree with that Ian. Yes we can blame the social media tweet. Was pure stupidity, I dunno what that guy was thinking. However if EUA had been able to clarify the involvement of citic, we would be out of suspension. What the tweet did is highlight an issue. EUA themselves told people they were working with citic before. It is now their problem which they have failed to resolve for 5 months.
As I said I do not think the company is malicious. I'm not trying to accuse them of wrongdoings. But I am disappointed that it is taking so long, little to no updates.
Delays are a negative. Coming so close to delisting is a negative. Originally quite a few people thought it was the no nomad reason to we continued to be suspended but it turns out that's not the case as we are still suspended after a month. It is natural that people should vent or complain after bad things. We can not pretend they are not bad things. As I've said in terms of official things, stated in the RNS since the suspension there is very little to be positive. People are listing things which are not fact/guarantee, there's no fact a deal is about to happen, "talks and negotiations" is not the same. The stuff I believe Alex posted is encouraging, but it's not official per RNS.
Any other aim company were suspended for 5 months, people would be complaining. EUA is no different, it's a share. Which is why I find it extremely strange people go and attack those who find this disappointing, they are well within their rights. EUA has potential for sure, but that doesn't make it so that anything negative that comes along can be flat out ignored or brushed to the side. It is extremely worrying the length of suspension and the constant delays, as was the trouble of finding a new nomad.
It's unacceptable behaviour from the board, Matt.
A lot of "positive people" don't see the problem that the board are creating for shareholders. People who have put their money have to check constantly whether EUA has suspended/released an RNS today. When it suddenly unsuspends, price will probably crash and you'll need to get your money out quickly. Hence it's not a good mental state for holders who hold a significant amount of money in the share (whether they can afford to lose or not). There's no time frame, it could be tomorrow, it could be months away. Shareholders have had to deal with this for months as apparently EUA was always just round the corner to sorting stuff out. If there is no deal, that price crash is almost guaranteed to happen at this point now.
Perhaps some people try to be positive as they want to encourage others to hold the shares while they sell theirs safely. That's also a possibility. Some just have their head buried in the sand, doesn't matter what EUA do, they'll sing their praises. They don't see things objectively.
I don't think the board are malicious. They probably just have issues they are struggling to resolve. This isn't a common situation and any other share people would probably be trashing them. But this was hailed as a once time in a lifetime share, and has got more hype on this forum when it was unsuspended more than any other share for some time. People are desperate to be proven right, they'll ignore a lot of negative things as a result. If people could choose again whether to invest or not knowing they would be suspended for more than 5 months for officially over a "clarification with citic", I doubt even 10% would have invested in the first place. We just have to hope now things comes good, we're kept in the dark and only have faith to hold on to.