Member Info for Ssccss

A bid is a contract.

I don't agree Rob. That's not the way a professional outfit would work.

Otherwise, it would be an extremely inefficient way of doing it and the whole auction would.l compromised based on one false bidder. Makes no sense.

Surely, bidders are verified before bidding?

The recipient at 6p was probably one of TE's mates.

I agree LJ, why would they need so much time..

If not to spin or come up with another smoke screen.

Maybe the previous placing proceeds went to directors... Hence the final line in that paragraph.

RNS states proceeds of DA are...

Funds raised will be utilised for the purpose of satisfying some of the financial conditions under the Globalvision Agreement, settling with the additional historical external creditors previously disclosed on the RNS of 20 December 2024 and providing working capital in association with the relisting. Funds raised will not be used to repay any director loans or make preferential distributions to directors.

Would still like to know where the other money went.

CTSFO, thanks for that. Interesting you think the DA is to support going concern.

Where the hell has the proceeds from the previous placements gone?

Best to ask Roland why the need for a larger rig.

Sos, it was corrected in the interview. Nothing is going to happen here for a while anyway. Personally, I'm happy to wait and keep averaging down. It will happen this year.

I think it depends on the reason for the suspension. The FCA must review after 6 months on a case by case basis. Hoping ppp will be allowed to remain suspended past 6 months.... SL implied it would be back by end of march so that's 8 months. We literally know nothing right now. Totally absurd.

Yes, to be expected though. Hopefully, it won't delist. Fingers crossed.

Sos, that seems an overreaction to me... But whatever.

Yes recalibrate... I'm pretty sure it's if the delists.

well, if it has to, it has to. this is already a big **** up as far as i'm concerned so another thing isn't going to make that much difference to me now. have written my money off.

I can't see the reasoning at all and I can't find info on it. 6 month suspension is only a couple of weeks away. I think it's only for companies who actually delist which usually happens if 6 month suspended.

Doesn't make any sense to me... Why would a company that has been suspended for over 6 months but not delisted, have to be removed from an ISA. You wouldn't be able to put it back in the ISA...

Yes I know it's real but it's for shares that delist, not just suspended for 6 months

Recalibrate, do you mean if it delists?