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Someone who believes the rationale for delisting and thinks these were dirt cheap and undervalued at .35p let alone at .17p
I imagine whether you have any influence on accepting a bid would depend how large a holding you had. They have promised a matching facility so you should be able to still buy and sell. Although it will be more difficult.
Nope. Just become less easily traded.
My take on it is that as a private company they can use a variety of different evidence and metrics to make a case to investors on the value of the company. As a listed company they will always struggle to argue thats its worth more than the current share price, however much it doesn't reflect the real value.
Yes good to see a blue Friday. I'm sure there were a few people who sold out on the rns hoping for a drift back to buy in cheaper again. Sometimes just sitting and holding is the better option.
Looks like a seller still around so might have to wait a bit for that rise. On the plus side its a great opportunity to load up cheap.
Not sure we do need news. Looks like this drop has been driven by a distressed seller so we may see a good rise if they are finished.