Still a joke price. This joke of a once listed company which no nomad will touch is totally worthless.
I see on the Britdaq Market the price of Gate Ventures has just collapsed by 80 per cent.
Alternative Investment Market story [link]
This gives aim an even worse name than ever. There should be an investigation here by the FCA ..Utter disgrace..
A total zero for shareholders. Wipe out.
Re: Another Chinese fraud? You have to love this crocks corporate BS: Through no action or omission of the board, the company finds itself without a nominated adviser, a requirement of AIM. This technical issue appears to be unresolvable within the restricted period of time.So the Nomad quits because the company is a fraud (allegedly) and no other Nomad will take it on - even though the company had previously confidently predicted it would find a replacement - but none of this is the companys fault. And anyway, its merely a technical issue. Well, its a technical issue involving barge poles with which no one will touch the company. I wonder why?
Re: Another Chinese fraud? Anyone paying more than a generous 50p for these should have little sympathy shown IMO
Re: Another Chinese fraud? Prophetic - Nomad has resigned, shares have ben suspended and at least one market commentator is openly calling this a fraud (another Chinese AiM fraud in other words). If they can't find another Nomad within a month they get kicked off AiM. Which Nomad will be able to say it has completed satisfactory due diligence if it is indeed a fraud?Step forward, bucket shop of the year ........
Great RNS from Friday. The far eastern ramp is starting to show it's reality. I guess when more of 8.7 pc 'shareholders 'dump more stock the big collapse will come.
Another Chinese fraud? Like Naibu? And Camkids?
Sorry Alltold Sorry Mate, what do I know!Dont understand this one.All the best.
Re: 200p+ TODAY? Smiling is a wonderful attribute!
Re: 200p+ TODAY? Take no Notice of our dear friend Alltold9--- he is in my fav list just for the laugh of his postings
Your findings on Mr Zhu are wrong. There is a man with the same name as the 'investor ' in gate but different people altogether. Check your facts. The gate Zhu is the boss of Gtech but the one you mention is the owner of the Shanghai football team and 9ltd online gaming. The facts here are clear to anybody apart very stupid punters. Gate is an well organised ramp done outside the uk. It is a joke and a massive short. All rns s should be treated with caution. Wish I had some at 10p however. I would have sold at 30p because they were totally overvalued then.
Looks like the aim team at the LSE have done something right. They are now watching this crude ramp and that rns was a warning.