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For a novice like me, I was wondering what this means to my current shareholding? I have about 17k shares which I thought were about 20p per share before delist. If they are offering shares out at 1p per share, does that mean that's all they are worth on relist?
Re - Open Offer for shareholders
I informed my broker about not receiving information from them and eventually they phoned the company as they did not receive any news of the Open offer either.
So AAA said will send the information to shareholders with a closing date of 26 July 23 for applying for shares.
Hmm if they are dragging their heels getting notification to shareholders it is either incompetence or they already have investors willing to fork out £2m.
You’re too late.
The deadline for applications was 14th July with payments made by 5pm 21st July.
There was a link to the application form on the website
I believe the fund raise has been extended by another week.
From their website
Applications now need to be received by the Company by 5pm on Thursday 27 July 2023 and
payment received by 5pm on Friday 28 July
I have a substantial amount of shares but didn't get the circular and nothing to my broker HL.
Jup
HL won't deal with any company that has delisted, I held 20k shares with them at time of delist, they sent me a share certificate for them.
Only good for the bin now, I'd imagine
Hope this helps.
Good luck!!!
Thanks Wullie, depends what happens with Sentiance
HL did notify me, the closing date was midday on the 8th. Should here how succesfull soon.
Jup, I held 20k shares with HL and when delisted they sent me a share certificate as they said they won't hold any shares from delisted companies.
Don't know much about the why's and why mots, just that that's what happened to me.
Would love to see them back on the markets, was a very good share to have been involved with once, can't really complain really, ended up in through HASH >MESH>AAA, made a good couple of £ off it. Also think that Sentiance will come good with the progress being made there, but very long way to go before this SP relisted and anywhere near it's previous highs. Bonnie rand Candy got a lot to answer for here.
Flip
share price on delisting was. 54p I sold some bout a month earlier at. 49p. sickening I know but who knows maybe there'll be a twist to this saga. Here's hoping.