Let’s see what happens tomorrow !!!!!29 Jun 2025 15:55
With the FCA investigation starting, I can see this, taking a protracted period of time. My view is that I wouldn’t mind Sidara now walking away. Let us all see what the accounts finally say, and has any impropriety occurred. If so, I hope the people responsible get severely punished. I truly believe this company will be great again. Could be a statement such as this ;
The delisting of Wood Group shares, albeit for what we expect to be a short period, will allow us the mechanism to explore and progress some substantive value accretive activities whilst also allowing us to appoint an auditor who can support us whilst we significantly grow our business, revenue and profit. Shareholders will continue to hold shares in the Company, and it is our intention to re-list in the near future at a price which we hope demonstrates the Board's ability to generate shareholder value. We would like to thank our existing shareholders for their continued support as we take these necessary steps to realise true shareholder value."
The Company intends to publish its accounts for the year ending 31 December 2024 by ???!!!!!
The Company will make further announcements in due course, as appropriate.
** ENDS **
However, it’s all speculative and nothing would surprise me tomorrow or Tuesday before 5pm