Re: QPP Stream Log - The RNS this morning is...

The RNS this morning is not a positive. Be clear- this is about the Listing not the FTSE Index (two separate things as many of us have tried to point out). The timetable for a move up from AIM is not complicated- it is a well trodden path. The delay has most likely been caused by the Listing Team asking for more information which Q are struggling to provide- that is a better answer than ther being something more fundamental. In any event it is a pity that the Board couldn't put on the RNS that they were "confident" the listing would happen- just that they were working on it. If a listing doesn't happen then the price will come under pressure- mainly because of the "why was listing not granted" questions (it really would be very unusual for a move up to be stopped). Expectations management has been poor- and it sounds like the execution of the move-up has also been poor. As a small holder who bought on the basis that the odds were much greater of a three fold return than a wipe-out I will continue to hold. But neither the advisers, nor the company, are covering themselves with glory right now.