One thing is for sure. If the deadline is 20th March, nothing will happen on that day.
I keep praying but this share is never on time.
It would have looked better if the were replacing him with someone from Ruyi. The new CEO will still need to be paid. Probably not that much less. They have missed an opportunity to bring closer ties with Ruyi.
Excellent news. All building very nicely
In my opinon it won't get that far. Any company that wants to buy one will look for them all. They will get the rest for a nominal figure. Remember the remainder will be largely untested. If the first is worth 18p a share you may get upwards of 30p a share for the package. The key is can he release enough value without too much dilution. The sale of the other assets will be key to that. The danger is an early stage takeover where the directors are offered shares in another company plus a place on their board.
Everyone invested here knows the risks. That why we are invested here. We know funding will be required. How can anyone expect to buy a business without raising capital? Lets all just watch and wait. I personally hope to triple my investment before the new year.