Member Info for rnorth

Delisted for over 10 months and now they don’t reply to emails where they once did. I’m afraid I fear all is lost and that our ‘investment’ is simply being frittered away on salaries through C19 with no progress being made. Shocking.

Six years since we were suspended? I’ve had two children in this time and ones at school going into Year Two. Astounding how poor this is being run and handled.

Absolute con this share. All the positivity surrounding it previously and gold plays and then healthcare. Fact is, they’re playing a blinder at living off shareholder cash through lockdown and it will no doubt run out before we complete an RTO. They can’t even offer basic updates to shareholders, complete sh1 t show.

Today?

My patience has worn so thin here. I had no reply after my second email. After my first email to them it sounded hopeful with a reply that seemed like progress was being made. I’m now questioning the competence of all involved.

This is without doubt the biggest farce of a share I have ever held, and I have held a few frustrating ones but they’ve usually come good. There’s just nothing coming out of this one that I can possibly trust or believe. I’ve spent more money retaining my shares account open than my holding is worth.

Markoiler, I feel so similar to you but the thing keeping me slightly positive (hard I know given it’s been so long) is that if it is a medical link then the legislation and paperwork to ensure everything is above board can take longer than normal listing . R

Hi Tim,

It has been a further month and still no update in any capacity. As you will understand I am getting increasingly concerned that my investment is not being spent wisely and the lack of information is exacerbating this feeling. If you can ask the BOD to provide some detail as to the situation then shareholders can apply some logic and understanding rather than the whats, ifs and buts that are currently caused by the uncertainty.

I look forward to you reply,

Richard

Is there for a reason. Same reason ODX is ticking up.

I remain hopefully we are relisting onto the main market with a decent biotech company looking to list, then we acquire couer gold after a couple of weeks and we have a £500m listed company before Christmas. Lol.

Just a reminder of the reply I had last week. I keep getting frustrated here but dreading this again calms the nerves a little.

Here it is:

Thank you for your message. As outlined in the company's announcement on 8 April 2020 it is going through the required process with the goal of completing the Proposed Transaction as soon as possible. I am afraid I can’t give any guidance on timing as there are major elements of the process that are outside of the company’s control, particularly with regard to regulatory approval of re-listing documents. As you can imagine the current environment is not helping speed things up, but please rest assured everyone on the company side is working hard to conclude matters. As soon as there is something we can provide in the way of an update we will and we hope to conclude matters as quickly as possible.

I cannot see the benefit to NFX for this. Their tech is about repurposing through new delivery methods and attaching IP to that. If they needed cash they could go to market for it. NFX was the subject of an RTO already when it was RTO’d by Levrett.

I wouldn’t worry too much. Someone probably made their profit and happy with it. Fundamentally this company should have game changing news in the near term coupled with a comparatively tiny Mcap. In terms of rifling through AIM to find risk reward opportunities this one is a huge find.

Anyone else notice the £350k plus of delayed buys pop up?

An order is being filled.

Clearly this is a shake to remove weak holders before the weekend. We will close flat.

Nice!!!

Of late reported buys. Someone loading up.

It also suggests a two min result, rather than 10min like some.

And when I say reckon....that’s based on the information that is available and joining the dots. Add in the fact the C19’isnt going anywhere and therefore a huge market, plus the speed of the test in question then it’s pretty clear the opportunity. Sports events, music events, air travel, hair appointments, etc could all require a two min test confirming clear. Only way to get economy back on track.