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Whats going on with AAA shares

happyhero · 2021-05-19 09:08:40

Hi, I do a bit of investing in shares and I have bought shares in a company that is currently suspended from trading. I have money trapped in this share now. Suspending trading is ok but there doesn't seem to be any time scales of when something will change and I can trade in it again, can anybody tell me more or clarify…

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wmb194 Posts: 4,896 Forumite

5 August 2021 at 11:31AM edited 5 August 2021 at 11:34AM

Judging by its most recent RNSs* the takeover situation is that it's trying to buy AudioBoom, not that another company is trying to buy it. Reading a few of its RNS announcements gives me a headache: it seems to be a complete mess.

https://www.investegate.co.uk/Index.aspx?searchtype=3&words=Aaa

*If it's delisted I doubt there will be any more although AudioBoom (LSE:BOOM) will no doubt reference it as the attempted takeover plays out.

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