Clubman3509
- 20 Mar 2008 18:10
Can anybody tell me what will happen to my 27,194 shares if this does happen
In Cup Plus in talks to find new nominated advisor
AFX
LONDON (Thomson Financial) - In Cup Plus PLC said it is in discussions regarding the appointment of a new nominated advisor as Deloitte & Touche LLP will cease to act in this role on March 31, 2008.
The AIM-listed vending system company said if discussions are not successful and no other nominated advisor is appointed by end-March, its shares will be suspended from trading from April 1. Its shares will be cancelled from April 30, if no nominated advisor is found by that date
Kayak
- 20 Mar 2008 20:16
- 2 of 3
You would still own your shares, but you would be unable to sell them through the exchange and so you would only be able to sell them if you found a willing buyer or if they were relisted.
To be honest I think you may be missing the point, if the company has trouble finding an adviser it means they are in a dire state and the bid price of 0.1p does rather support that idea.
Andy
- 20 Mar 2008 23:52
- 3 of 3
clubman,
Sadly the chart does not inspire either.