Poor TOR. Poor BOD. Maybe We should not be so hard on them. Have worked their hearts out for pittens Always working on behalf of all shareholders interest. Trenendouus performance
Not holding much Hope out for AIM regulators. Do believe though that a legal case could be taken against the company for all the underhand behaviour. Believe we will Get news this week. We Will soon Have confirmation and then more to discuss. !!!
Does nobody from AIM (regulatory Body if one exists) See anything disgraceful about the behaviour of this bunch of scoundrels on the BOD. It is a complete disgrace.
If We are not offered shares either through same offer in placement or through options Any money raise By Providence Will Feel very much Like insider trading. Why Would anybody hand 100m to Providence with TOR and the BOD. For 100m these Institutions are obviously being told something that Will make them alot of money that We the small shareholders are not. That is insider trading unless We the small shareholder are also offered the shares at the same price.
Providence need 2 weeks to organize EGM and Get accounts signed Off. We Will Have An answer By June 16th at the latest I believe.
If your assumption is correct Than Providence Will Have to offer Its all Its shareholders the same Rights to buy when It comes to equity raise. If not It Would appear to be insider trading !!!