Member Info for PenguinZ

Lol wish that were true, but pretty sure shorters are feeling more confident right now than long term holders. They were probably scared before the suspension hit though given how much momentum EUA were getting at the time.

I reckon if EUA ask for an extension, they will probably get it in this current situation. It's probably more difficult to organise one, especially given that the last one was from UK (and probably the next one) and yet their operations are in Russia.

Still doesn't ease my concerns why the existing Nomad quit/let go. With the world in this situation, I can't imagine a sale has actually gone through/in the process, surely people would wait. So I suspect either EUA are trying to be suspended as long as possible for some reason and/or there's a reason (probably a bad one) for the suspension they are not telling us yet.

Could someone explain why the recent RNS is such good news and the share price is shooting up? Thanks.

Biggest positive I can see is exercise of warrants of employees. Is a bit weird to do that suddenly in suspension without there being good news or at least plan to unsuspend eventually.

Dunno if it was my fault investing in a risky company in AIM. Though not sure it's any less riskier than the others. It had high trading volume, it was even starting to be advertised by the bigger share advising websites (though after I already bought it). I thought because it was a give resource, it wasn't something like a drug company trying to find a vaccine that they might never find. The resource was stated, and just upon having that resource made the share undervalued let alone a possible offer.

Though the worse case scenario would be I would have to cut my losses short. Maybe not as much of the palladium would be mineable or no deal would happen and would mine it themselves. I never expected something like a suspension to happen, let alone so sudden. Never happened to me before, I didn't even realise a suspension and delisting like this was even a possibility before this, I thought it only happened to shares going bankrupt. I was prepared for a price crash if it happened, but not a sudden suspension and delisting. I mean can you ever be prepared for that?

I at least did derisk my shares, and sold a bit for a profit. Though if my current assets disappear along with the profit I will have made a few thousand lost. I'm sure many have it worse. And if the worst case scenario occurs I hope at least maybe they can work to refund the money people invested in them.

I do hope EUA end well and lift the suspension before the deadline and in a good way. As a shareholder have to admit, I feel aggrieved for having control taken away, the one thing I feel like I have as a shareholder, control over my assets even if I can not control the share price. Feeling betrayed honestly.

Really fingers crossed for good news come 30th April, and good luck to all that have invested. I still have hope it will turn out good for us even though I'm pretty anxious about it.

I would like to add I really hope this is simply a case of the company prolonging the extension because they only want to unsuspend when they can announce the offical sale of asset etc. This is the best case scenario, and the one I'm hoping for.

I feel like we'll be hurt in many different scenarios. If it continues to be suspended will be delisted. If it comes out of suspension after so long, then price will crash and even to what it drops to, it will be extremely hard to sell off your shares. The only option that saves investors here if they un-suspend and announce a formal offer is on the table or a sale of asset/takeover is happening.

This is why it really doesn't make sense to suspend for so long. It is always better to have your shares still up for trade. I think the fundamentals of the company are still good and I don't think they are lying about there potential or anything and I don't think the company are dodgy, but something badly has gone wrong or a mistake has been made leading up to/during the suspension I think.

thanks Spikey. I looked a bit into WRN that you mentioned and yeah you're right it does seem a little similar. Really worrying, in that case the shareholders haven't got justice and it's been years. I don't see how they can let people can do that, it seems totally unfair. Really hope EUA doesn't do the same thing. Regardless of the outcome, I'll be more wary about investing in AIM shares now. Shares going up and down are things I can deal with that's the share market. I never expected I'd encounter something like this or I probably never would have taken the risk to invest here. The encouraging thing is though at least EUA doesn't mention anything of being forcibly suspended by financial conduct authority unlike WRN, a replacement of a NOMAD if it is the only reason why the shares are still in suspension should be an easier thing to resolve.

Yeah but to suspend so long, I haven't heard of companies that suspend and delist as a result like that. A short suspension yes. If it's over an offer etc. I can understand the longer extension. But that was not officially the reason claimed by both the latest RNS for reasons of suspension. If someone could provide an example of a company previously that was trading at high volume and ultimately a shock suspension upon the peak like this and eventually delisted, would be helpful, at least I'd know what to expect. That too I've never seen a share suspend and suspend for so long over an original social media leak.

Do people know who to specifically contact about queries over the suspension and the rights that we have as shareholder in both during suspension and if it gets delisted? Like some group that financially regulates the AIM market?Or has anyone already contacted someone and if so what response? And has there been an example of a company in this position before (not one which is declining/going bankrupt, a company such as this which was pretty much suddenly suspended from nowhere when it was doing well). It's hard to really find what to exactly expect given it's a situation which personally I've never seen before myself until now.

Do people think this will be higher or lower when the stock market opens? I'm conflicted, lower oil prices don't bode well for it, but chart wise it doesn't look to bad, steady rise.

Have to be honest, am not that happy with the RNS. There's a threat of delisting now. I wanted it back trading even hit there was a drop due to the virus. I'm also not thrilled with the reasons given, was taken off first apparently because of the social media link which surely must have been resolved now, so I'm kind of confused at the suspension/maybe other reasons. Are you allowed to continue suspending for a different reason to why you suspended in the first place?

Positives are that it doesn't look like the company is bankrupt, or the resources they have that were reported are false/largely exaggerated. Which would be the worst case scenario. A continuation of suspension update would have been fine say if it were 2 weeks later after initial suspension, but the reason why it's taken so long, I thought they were waiting till the suspensions lifts to issue an RNS. China also starting to move again might help things too.

What share price do people sensibly think today after the RNS release?

I think this will go up honestly which is why I've invested. But we have to wait until the company speaks up.

Don't apologise, you did nothing wrong. It's an interesting share, has been ramped up, but so much volume it probably isn't baseless but no real RNS released yet. I've got a very small amount invested, more out of curiosity to how this plays out.

That tweet from Zak is probably more promising than the RNS info lol, because people don't know what to make of the RNS alone. Kind of strange Zak's posted that honestly, didn't think he posted stuff like that.

If so could you ask whether the interview is coming out still or not?

Let's hope for a good day :)

Absolutely crazy drops and rises lol on the back of an RNS which has virtually no information. This share is mad lol.

Hope this turns blue today :). If not got to wait a bit.