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I've read the circular notice to Shareholders on GWMO website but don't understand how the sub dividing of the new consolidated shares into ordinary and deferred shares is proposed to be calculated, can someone help to explain? The circular states that "The rights attaching to the deferred shares, and the fact they are not listed, will render them, effectively, valueless". What does this mean in practise to the shares that I currently hold, and how many ordinary and deferred shares I will hold post reorganisation. A working example would be useful.

Many thanks

More than likely to be a buy rather than a sell. The last Director Buy (Brian Hall) was 15million shares, so maybe, just maybe, this is another top up from the big man in the know whilst he still can

Timber Trader, what IYO would be a more accurate company valuation/share price?

The trades showing at 0.1098 are buys not sells, one of them is mine, a cheeky little top up at these crazy cheap prices. An imminent rise to 1p is on the cards.

I have asked NEX Exchange if there is a maximum length of time of that shares can be suspended before they HAVE to be unsuspended!

Block Commodities was suspended in September 2018 pending a possible acquisition by a Canadian company called TEN

Since this announcement, no further updates have been provided by BLCC and the shares remain untradeable some 6 months later.

Does anyone know what rules the NEX Exchange has for ensuring that a company provides its shareholders with information once shares have been suspended?

Is there a maximum length of time of that shares can be suspended before they have to be unsuspended?

Unless there's a placing at 0.20p

The evening was cancelled, PR company advised that "GWMO management has decided their presentation would be more useful when current plans are more firm"