Fusionex Share Discussion Threads

[j777j] 19/6/2017 08:33

85% of the shares in safe hands could see quite a bear squeeze towards the delisting date.

One wonders it was a bear trap all along.

Maybe the insiders want the price over 200p at delisting date,considering they thought it was stupendously undervalued at 150p.

As always,interesting times.

[greedfear] 16/6/2017 17:38

I find a lot of the voting results surprising.

Almost 80% of shareholders other than Bod/employees trust voted.
Of those 72% voted "yes".

It's incredible (impossible?) that 80% of other shareholders voted without any coordinated action.
And of those 72% voted yes to a resolution that is harmful to them.

It's a crazy world.

Or could it be that friends of Bod bought like crazy because of the fire sale caused by BoD? And voted yes.

I'm very curios how this all will unravel.

[zcaprd7] 16/6/2017 16:47

So, is this increase, the shorts buying back their shares after no "slam dunk" crash in the price?

[henchard] 16/6/2017 15:41

J777J

Out of interest what is wrong with taking a short position in a stock? Why is such a person "scum"?

It strikes me that there are some companies where the evidence suggests that a short position is an eminently rational risk:reward investment, while a long position is a speculative, get-rich-quick gamble.

[greedfear] 16/6/2017 15:37

I doubt anyone would have the guts to short this. How on earth is one to fulfill the obligation to deliver shares once suspended or delisted? And for what? To have a chance to make 40p a share and a theoretically unlimited loss? I doubt that very much.

[greedfear] 16/6/2017 15:34

If a listing on another exchange is the plan why not chose for a dual listing first and then delisting AIM? Or why not share that plan with existing share holders. One of these should be done out of respect for existing shareholders.
The way it's been done now looks like intentionally hurting your existing shareholders.
There's a plan behind all this and usually not one that will benefit all shareholders.
Just my two cents.

[mesquida] 16/6/2017 14:59

Some serious buying of this going on today, clearly some investors are happy to go off market. Presumably they think that the company will eventually resurface on another Exchange with an enhanced valuation.

[zcaprd7] 16/6/2017 12:34

Ask your stockbroker. They usually sit there with a zero value until something happens (relisting, liquidation or takeover etc)...

[bobogyo] 16/6/2017 11:39

Can anyone tell me what can exactly happen with the shares delisted? If there is a slight chance they will ever relist anywhere and the current share price will increase then I am happy to hold onto these worthless shares and wait it out. But can this work out at all or any other possibility that can put back some value into these?

[gears] 16/6/2017 10:30

Any reputable company should make an offer to shareholders after delisting.

[greedfear] 16/6/2017 09:59

Investors in FXI could still be left with nothing. Once delisted and private what will stop FXI selling the business for peanuts? Who can and will do anything about that?

It's foreign, unknown territory and probably judicial systems that are -to put it mildly- different from what we know.

[greedfear] 15/6/2017 21:59

Noting can be done about the delisting. It's all perfectly legal and in accordance with the will of 85% of the shareholders that voted.

Just sell, take your loss and never look back or trust mr Teh and his statement: "To all shareholders that have kept faith in us, I thank all of you for giving the Company the opportunity to embark on a new journey to deliver the shareholder value that all of you deserve."

If you trust mr. Teh keep your shares or even add and wait and see what will happen.

I'm not a holder but at some point ( a much lower share price) I might convince myself that there's good in everybody and start buying (wanting to believe mr. Teh [probably foolish, I know]).

Whatever your decision(s), BOL all!

[kemche] 15/6/2017 18:10

I have learnt that if J7 is involved then best give it a wide berth.

[buywell3] 15/6/2017 17:27

And so what lesson have you learned from this ?

[bobogyo] 15/6/2017 16:21

this is ridiculous. Everywhere I read that this cancellation is a scandal, and the move is criticized in every news. But still how could this be allowed and what can a private investor do about it? I understand many are looking this differently, well I hold up on my shares as the loss is already 80% to lose the rest is not significant anyway. The loss of the 80% is the significant, and I don`t want this to let just go. Even if mid or long term, there should be a way out of this. This ridiculous move without any future prospect should not be allowed. As of now this looks just a scam, and can not be justified.

[andysand] 15/6/2017 15:15

Still time to sell what's left. Surely the nomad must resign now? When that happens, it's over.

[gears] 15/6/2017 13:13

Genuine people investing for all the right reasons left with heavy losses. Time for change on AIM.

[zcaprd7] 15/6/2017 13:12

Large shareholders seem happy to wait it out, and it will tie up your capital for a few years, but can you trust the ii and the owner to pay fair when they can't even do the aim regulations properly?

[safman] 15/6/2017 12:39

Aim rules need to be changed here..

Too right small shareholders being stitched up.. delisting proposal approved..

saffy..

[zcaprd7] 15/6/2017 12:38

It's a done deal. Just seen on desktop advfn?