I have always been long with Leo, & if/when it starts to trade again at this stage I will continue to hold. But I do expect the SP to be absolutely spanked if/when that happens. A great number of current holders have little to no faith in Leo management or the Malian government. & who could blame them. They will run for the exit.
Like you mate, I am not a fan of not having a choice to hold or bail. Regardless of our own predetermined mandates. Half a billion dollars of predominantly retail funds have been locked away for the past 7 months, with little explanation as to why, or the status of a resolution/s to the issues.
Leo's last announcement provided no information & was cryptic to say the least. Since the initial suspension management have been fumbling around like a teenage boy on a bra clip. Absolutely horrendous.
& yes, I have emailed the company & expressed my view that shareholders deserve far better than what they have delivered us thus far.
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