Apr. 5 at 11:41 AM
$YGMZ Let's look at the facts.
L1 and a group of investors paid £8m at a blended cost basis of 12.5c for 70m warrants (at no further cost). They did so in full knowledge of the delisting and appeal.
The company in a SEC filing, so legally bound. Confirmed it would appeal to the council.
The NASDAQ page confirms this should take around (though not set) 2-3 months. We are now past 3 months (just)
If the appeal had failed or not sought then form 25 is filed by NASDAQ conpleteing the delusting. No form 25 has been filed and it would have been by now (easily).
In a low volume stock.. Someone is maintaining the floor. With a massive bid at set levels. This is likely L1 et al.