Finablr Share Discussion Threads

[genierub] 13/3/2020 08:21

Highest mover today by far as we head into the weekend. 1 week ago this was 40p!!!

[pre] 13/3/2020 08:13

thanks zen12...looks like there is going to be a huge short squeeze

[letmepass] 13/3/2020 08:05

NT to buy again

[zen12] 13/3/2020 07:59

NOTICE OF TEMPORARY PROHIBITION OF SHORT SELLING13 March 2020The Financial Conduct Authority ("FCA") notifies that it temporarily prohibits short selling in the following instruments and transactions under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012.Nature of measure:a) short sale prohibition for sharesScope:a) Please see Annex 1 below for the instruments concerned b) all UK trading venues on which the instruments are tradedc) any person irrespective of their country of residence (subject to the exemption below)Entry into force of the measure and duration:a) Date: 13 March 2020 b) Time: immediatelyc) Duration: Until the end of the trading day on 13 March 2020Reasons for imposing measure and evidence:Following the action taken by CONSOB in the instruments below, the FCA is satisfied that it is necessary to take the action set out in this notice to assist CONSOB, taking into account:a) a similar price fall in the instruments on UK trading venuesb) the volume of trading in the UK Exemptions to the measure:This measure does not extend to transactions undertaken by market makers who have notified the FCA of their intention to employ the market maker exemption in this financial instrument and who are included on the list maintained by ESMA of market makers permitted to use the exemption. This exception only extends to those transactions that market makers undertake as part of their market making activities.

[dave444] 12/3/2020 21:48

NMC does FIN doesn't according to the RNS!

[cashlike] 12/3/2020 20:17

Issue here as I understand it is the Travelex Travellers Cheques part of the business, I don’t understand it fully but once a financial debt threshold has reached the Travelers Cheques payments has to be secured which means to continue normal trading to either having to refinance, find a buyer to bring in more operating Income or by default bring in administrators.

This is where as I see it, Finablr maybe looking at what it needs to do to stop a default position, going by the share price drop, other options are failing and trading is down the pan currently so going into administration is increasingly likely to protect the cash reserve guarantee.

The RNS issued is another way of saying that very soon it’s game over!

Anyone else on here who understands the traveler cheque operation maybe be able to explain better....

[robizm] 12/3/2020 17:23

Cant someone ban this clown

[big brothers mama] 12/3/2020 16:19

OH MY GAWH !! GETTING LIQUIDATED AT ESL - NOW 5P !!!! KARMA KARMA KARMA

big brother8 Mar '20 - 13:47 - 3335 of 3586

I WANT THIS UP AND MY TEAM IS MUNCHING EVERYTHING ALL THE WAY TO 30P.

[big brothers mama] 12/3/2020 16:19

OH MY GAWH !! GETTING LIQUIDATED AT ESL - NOW 5P !!!! KARMA KARMA KARMA

big brother8 Mar '20 - 13:47 - 3335 of 3586

I WANT THIS UP AND MY TEAM IS MUNCHING EVERYTHING ALL THE WAY TO 30P.

[big brothers mama] 12/3/2020 16:19

OH MY GAWH !! GETTING LIQUIDATED AT ESL - NOW 5P !!!! KARMA KARMA KARMA

big brother8 Mar '20 - 13:47 - 3335 of 3586

I WANT THIS UP AND MY TEAM IS MUNCHING EVERYTHING ALL THE WAY TO 30P.

[iamgreat1] 12/3/2020 16:18

Trading will be suspended and it's lights out all out

[big brother8] 12/3/2020 15:48

THIS IS A BUSTED FLUSH NOW :(


SUSPENSION

AND ADMINISTRATION.

[big brother8] 12/3/2020 15:29

WELL WELL 4.20P AUCTION

[jayminpatel1] 12/3/2020 14:51

Sub 5p soonn

[pione3r] 12/3/2020 13:51

BB8, got this one wrong again haven't you.