RE: The update20 Apr 2026 12:48
“Advancing and no negatives.”
lol — this company was forced into a fire sale to remain solvent. they announced that in december and said the deal would close at the end of *february*.
… now, two months overdue, this RNS admits that they still haven’t managed to complete that deal, and provides zero explanation for that.
presumably, the company was well aware of the general conditions in russia, the war, legal timeframes, etc, when they previously announced end of feb as the completion.
meanwhile, naughty cheesy tries to claim that there’s no reason why an AIM company teetering on the verge of insolvency should have to update its shareholders and the market when it’s failed to finalise a firesale two months after it had made a formal regulatory announcement to the market that it would be sorted by end feb. … nomad felt otherwise, imv.