Lucky i didn't fancy this one when little Syd tipped it 5th November 2014 @ 4.83p . had been flat sideways for one year before ( maybe suspended ) in June 2015 it spiked to 6.52p fell back then a dead cat bounce to 5.5p before a sharp continued fall from November 15 to January 16 to 0.18 .. i think its all over now after moving steadily down from that price.
Made some phone calls. Pleased to say Mr Akers is exceedingly busy at present and the suspension is only temporary with an announcement due. Nothing more was added.Phew.
Aim rule 15 Fundamental changes of business 15. Any disposal by an AIM company which, when aggregated with any other disposal(s) over the previous twelve months, exceeds 75% in any of the class tests, is deemed to be a disposal resulting in a fundamental change of business and must be: ♦ conditional on the consent of its shareholders being given in general meeting; ♦ notified without delay disclosing the information specified by Schedule Four and insofar as it is with a related party, the additional information required by rule 13; and 6 ♦ accompanied by the publication of a circular containing details of the disposal and any proposed change in business together with the information specified above and convening the general meeting. Where the effect of the proposed disposal is to divest the AIM company of all, or substantially all, of its trading business, activities or assets the AIM company will, upon completion of the disposal, be treated as an investing company. The notification and circular containing the information specified by Schedule Four convening the general meeting must also state its investing policy to be followed going forward which must also be approved by shareholders. The AIM company will then have to make an acquisition or acquisitions which constitute a reverse takeover under rule 14 or otherwise implement the investing policy approved at the general meeting to the satisfaction of the Exchange within twelve months of becoming an investing company. Where an AIM company proposes to take any other action, the effect of which is that it will cease to own, control or conduct all, or substantially all, of its existing trading business, activities or assets (including the cessation of all, or substantially all, of the AIM companys business), the above requirements to notify the action, publish a circular setting out its investing policy going forward, obtain shareholder consent for that investing policy and implement it within twelve months of taking such action, will apply. Shareholder consent for the action itself will not be required.
Suspended Anyone know anything?Classed as a temporary Suspension prior I guess as an announcement due.Good news: a deal has been done.Bad news: Concha has not adhered to the Aim rules in securing a deal and therefore the time restraint of listing for a cash shell has expired.Which one is it??
Re: Eventually time will be good for us.. another surge on volume and on share price today
Eventually time will be good for us.. With a market cap this low any positive news will be a very large %age swing. Its found its level at 0.22 for the moment.Its a waiting game.
Re: Positive RNS And then last Friday there was a surge on the share price as the VOLUME went placesThere are now firm evidence that the administration was staged by VE...and sold to VE management on the cheap...
Re: Positive RNS There was some more on last Monday 13th...Further update re Ve Interactive LimitedConcha (AIM: CHA) notes, further to the announcement made on 26 January 2018, the publication of a judgment by the High Court dated 8 February 2018 relating to a claim brought by certain creditors of Ve Interactive Limited ("Ve" against the administrators of Ve, which sets out the Court's decision to remove and replace the administrators and the rationale for that decision. Concha notes with interest the contents of the judgment in the matters surrounding both the appointment of administrators to Ve and the subsequent sale of the business and assets of Ve to Rowchester Limited. Your Board is encouraged by the decision to remove the administrators and the concerns raised by the Court over their actions during the term of their engagement.Concha will review its position in the light of this judgement and provide a further update when it is appropriate to do so. At present, your Board does not propose any change to the carrying value of the Company's investment in Ve.
Some large trades today 2 fo 10M1 of 20M1 2.5Mand yet the share price after moving higher finished unchangeso far the chart has found a floor a around 0.32p
Positive RNS And investment, also I think VE may come to something otherwise why mention?
I think we will see 0.60! NM
Again great rise Will we see 0.60?
Turnaround time Looking pretty from here for change of fortunes...
Up 20percent Maybe it's turnaround time.Hope so!!!
Akers buying Must have seen the light!