RE: Another Lesson Learnt16 May 2023 13:30
The Company has requested that trading in the shares of the Company on AIM be suspended until further notice and in due course, the admission of the Company's ordinary shares to trading on AIM is expected to be cancelled. As a result of the insolvency of the Company it is unlikely that there will be any residual value to distribute to shareholders.
Upon the appointment of liquidators, the Company's nominated adviser will step down with immediate effect. In accordance with AIM Rule 1, if within one month of that day the Company has failed to appoint a replacement nominated adviser, which given the circumstances is unlikely, the admission of its securities to trading on AIM will be cancelled.
What is leftover to shareholder? nothing as they said in , The warning signs have been in here long time and PIs dont look at this. Now is the time they will see thier money gone forever.