Amigo Share Discussion Threads

[markie7] 11/5/2021 08:43

placing risk very uncertain now - I'm out this morning, but at a healthy profit so all good. Fundraise will need to be a significant amount or not worthwhile, and then you are fundraising with a poor negotiating position (ie, we must raise this money or we are bust), so it will be v.dilutive. The court are likely to listen to the FCA, even though they aren't turning up!

[csmwssk12hu] 11/5/2021 08:41

Amigo is up over 300% since low nearly 400% think clever money is taking money off table, judge will go with FCA imho dyor meanwhile you want a case that could be won look at PFP £3m mcap £671m claim for theft of mine by Mozambique government, recent fundraising above the prevailing share price and Goldman Sachs ex big hitter on board, even if it gets 10% of claim that’s a twenty bag, if it gets the mine back we’ll do your own maths, these big guys don’t throw money around and take on jobs if they don’t think they can win imho dyor

[jameswhitty] 11/5/2021 08:37

If I had some more cash I’d be buying more shares after that news it’s excellent what’s not to like. All noise about the FCA they can’t say “this is great we think it’s good go ahead” they have to be negative about stuff like this to try and deter other companies etc etc. But what do I know lol

[gripfit] 11/5/2021 08:37

i was hoping for an up day, after that late rns yesterday...

It explains to me why JPMORGAN etc are taking a position on CFD'S,,they wont have to stump up the cash when a placing comes out..

[heatseek77] 11/5/2021 08:27

Brocks have to agree if FCA get way think will see a placing BUT hopefully not and not like most companies havent had to raise $ to get through covid

[spirito] 11/5/2021 08:22

12 mill of shares mopped up easily

[the donald] 11/5/2021 08:20

Pleased to be able to get out at break even. Good luck all. FCA imo will demand more contribution to the scheme which will impact profits so the short-medium term opportunity is not the same as it was yesterday imo.

[heatseek77] 11/5/2021 08:08

Bear I think I posted be the case before first court need more £, imho GJ knew this. Think current price is with vote in it, finally although I think amigo have a great legal team, the establishment is the establishment.so they were always going to have to put up a fight.

[samsung2020] 11/5/2021 08:07

Yes agree, start of 23p will bounce back into 26p range

[spirito] 11/5/2021 08:07

Finish fairly even I'd say.

[bantam175] 11/5/2021 08:07

Buys flying in now

[puphead] 11/5/2021 08:07

Wanted to buy some more but NT :(

[bantam175] 11/5/2021 08:07

Initial drop could be bought out into blue finish.

[djstevens8614] 11/5/2021 08:06

Well that could have been worse

[g2theary] 11/5/2021 08:06

I'll agree with that... but not for the short term or major punters above 25p :/ I sold too soon tbf at 25p but I'll jump back in sub 20p :)

[bigberty99] 11/5/2021 08:06

Reality check

[brocksford] 11/5/2021 07:54

MMs will take advantage anyway and drop it first thing.

Amigo will raise the level of share of profits if necessary but we may see a placing if share price is reasonably high still

The ride continues! lol

[samsung2020] 11/5/2021 07:52

Overall good VERY good news. Not at all worried about FCA bit, part of the game.May see little drop but should hold well.

[amaretto1] 11/5/2021 07:51

Substantially ... may need a placing

[gripfit] 11/5/2021 07:49

The ace up Amigos sleeve will be to increase the compensation pot,

[amaretto1] 11/5/2021 07:49

How many customers have they got ?What percentage voted ?

[orchestralis] 11/5/2021 07:48

FCA have got to be seen to be taking a hard line for their own credibility.