Amigo Share Discussion Threads

[truant2tb1] 16/1/2023 17:27

Longs, you've got the opportunity of a lifetime to get out at 2.8p as things stand. For goodness sake get out before the roof falls in

[ozzywalker] 16/1/2023 17:02

1p tomorrow

[ny boy] 16/1/2023 13:48

letsbuy
28 Dec '22 - 10:37 - 23008 of 23018
0 1 1
Bought £94k today
2000000 was my buy
Follow the money
All profit from QBt
Nav points Amigo at 10p
Bag certain in the next few weeks

Oh dear

[quidzinn] 16/1/2023 08:49

Nice one ..... :)

Q

[spirito] 16/1/2023 08:35

Surprised it hasnt fallen further

[terminator101] 16/1/2023 08:11

Nice two fingers to all shareholders there. Who would ever lend these clowns money for equity. Better to pick the bones from the carcass.

[truant2tb1] 28/12/2022 16:43

Bag... you'll be a bag HOLDERLike you did with GDR ?

[harithakur] 28/12/2022 16:09

Lot of purchases today, wonder what's going on.

[rookieswingtrader2020] 28/12/2022 13:50

FWIW, I sold the entirety of my (small anyway) long holding today (Wed 28th Dec 2022), for the time being at least.

The Nil Paid Rights, whenever issued, will surely have an inherent value based on what I presume will be an exercise price at a discount to what the company anticipates would be the post-announcement share price. By selling, I would miss out on the NPRs and therefore their inherent value.

My concern is that the announcement of the rights issue may itself cause a share price drop that may exceed the total inherent value of all the NPRs issued per share (personally I don't regard the impending rights issue as properly priced in already). If that were true, then it would be better to be out and to consider re-entry post-dilution/consolidation.

I haven't shorted per se (in that I have no CFD-style / spread-bet-style instrument); I am merely out (i.e. have no position), for the time being. If I grow warmer on it (perhaps even before the rights issue, although that would involve a bit of a mind-change) then I may split the difference by re-entering, but at a smaller level (notwithstanding the extra costs in that approach).

My viewpoint is likely influenced to a degree by my limited funds' somewhat necessitating a slightly more conservative outlook.

WTFDIK anyway; far from an expert over here. DYOR GLA.

[chinese investor] 28/12/2022 10:51

My Share For 2023 !

[letsbuy1] 28/12/2022 10:37

Bought £94k today
2000000 was my buy
Follow the money
All profit from QBt
Nav points Amigo at 10p
Bag certain in the next few weeks

[truant2tb1] 26/12/2022 16:53

If the market was logical I wouldn't make any money. Just keep your eyes on this over the coming months, got my money where my mouth is ?

[spirito] 23/12/2022 11:26

but if everyone knows i dont understand why the price would be where it is

[truant2tb1] 23/12/2022 09:25

It's absolutely not priced in. The rights issue will be at least 19:1 which would make Amgo £360m MCap at 4.1pThe rights issue will be at 1p best case scenario So huge drop still to come hence I'm still short, need plenty of margin tho as 19x the shares being issued to cover!!

[spirito] 23/12/2022 08:06

Is the rights issue not priced in here? Surely it is?

[truant2tb1] 17/12/2022 13:22

Looking fwd to 1p here when the rights issue kicks in. Got plenty of margin in my account so will be ready for the x19 increase in shares! Ouch !!

A great sell but the rights issue isn’t ideal

[1choip] 06/12/2022 09:58

I'm wonder if people can repay despite rising cost of living and bank interest

[chinese investor] 29/11/2022 10:06

50,000 customers.
£500 annual revenue from each of them !

[chinese investor] 29/11/2022 10:02

If you take up all of your rights you are not being diluted !

[supercity] 29/11/2022 09:29

Shares issued at 19:1Raising 40m plus looking to take on debt.I'd say your prediction is very optimistic - this could lose 90% overnight.I don't want to read one poster complaining about it when it happens after being told time and again it is coming.

[chinese investor] 29/11/2022 09:26

£130 million unrestricted cash !

[terminator101] 29/11/2022 07:17

The full extent of the Horror show exposed in those results. Revenue down by 72% and a £12.7 m loss How is this pish got a market cap of £24 million?