Amigo Share Discussion Threads

[tomboyb] 23/3/2023 09:20

shinnas23 Mar '23 - 09:17 - 23095 of 23095
0 0 0
Why is not susupended

Probably allows shareholders to get out -

A zero here -

[shinnas] 23/3/2023 09:17

Why is not susupended

[supercity] 23/3/2023 09:11

Level 2 now completely turned - could get that double up

[supercity] 23/3/2023 08:48

This has been the only time in 12 months it's been worth a small gamble.I am only talking minimum trade 500-1000 but it can easily climb from 0.2 back to 0.5 by mid morning or can go the other way.Minimal losses but a potential quick 500-1000 profit.Gambling not investing but sometimes those opportunities present themselves

[jubberjim] 23/3/2023 08:46

Vimson

Desperately wanted this to go up for you

Wasn t to be

Hope you re ok

All the best

[kim jong un] 23/3/2023 08:44

Dear All







Editing his posts, but we have all the originals; so funny...

Scammer



Yours,

HRH Prof, PhD, MBA, MPhil, MSc., MSci, MA, BA Hons, BSc (Hons), BEng (Hons), BASc, LLB, 18 A Levels,29 O-Level, 57 GCE.

[pictureframe] 23/3/2023 08:27

Why is this not suspended?

[supercity] 23/3/2023 08:08

Level 2 currently has one MM at 0.4 and the others are all at 0.1 or below

[supercity] 23/3/2023 08:03

There won't be a lot left today - could see at least an 80 percent drop here

[babbler] 23/3/2023 07:59

But not suspended so still time to get your cash out...whatever remains.

[scepticalinvestor] 23/3/2023 07:22

Condolences

[chinese investor] 23/3/2023 07:12

Adiós Amigo !

[soulhead] 22/3/2023 10:10

If they were confident they could do the raise, be it the full amount or a revised lower amount, like the £15m suggested then it would be offered to all shareholders to participate in.
Accordingly nobody need be unduly diluted and, although there would be a lot more shares in issue they would be stakes in a much bigger company with a far higher asset value (and in cash courtesy the raise). It is often misleading to use the word dilution, because the resulting business nearly always has a proportionately higher cash/asset base following a capital raise.
Obviously the price the new shares are offered at matters and they will/have been offered at a discount, however if for example that is (say) 33%, that price could be 4p if the prevailing share price at the time is 6p.
In addition if there was subsequently strong ordinary shareholder participation the total raised could far exceed requirements.
IMPO/DYOR

[truant2tb1] 20/3/2023 21:50

You've obvs not been following this properly. The company will deliver an orderly wind down if they can't raiseIf they can raise it'd be at least 19:1 so your holding obliterated. The gov / FCA aren't stepping in here LOL!!Fact

[spirito] 16/3/2023 10:30

sorry meant to say selling may be the best option but if youve held all the way down may feel like a punt worth taking not to.

[pwhite73] 14/3/2023 08:12

The FCA will be the guarantor. It is clear after the rescue of SVB yesterday the government is not going to permit any further collapses in the financial sector. Whether shareholders are left with anything is to be seen.

[hooded claw] 13/3/2023 09:07

Oh the irony, Amigo can't find a guarantor !!

[soulhead] 12/3/2023 20:07

Are Creditors going to be worse off in the Fallback Solution than they will be in the revised scheme proposed. If so, it would be a good bargaining chip when negotiating with the FCA.

Also, is the £97m allocated to Creditors currently to hand (but presumably ringfenced)? If not how much of it would be available to Creditors in a company wind down?