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there are those who bought the below 1p dip and for whom 1.8/2.4 would be a bagger. and then there's lthers who bought at anything from 2p up to 20p. for them this is almost being wiped out so they want to vote as if it's sh** or bust. for them , unless their holding is still in the £000s, they don't even see the 40% bump as anything to rave about. that they could add here to make another 40% doesn't make them happy as it implies they have held too long with a wayward research as far as the end result.
personally, i'd be keen to take this sp but only if sentiment moves positively. juess it'll depend on if the lthers decide to average down for a 1.8 price or get indignant and would rather get zero than almost zero.
Good riposte, TDT - it's so easy, too easy, to chortle about our short comings but against the totalitarian regimes in the world, they're so much worse, as many 'refugees' risking life and limb to get here would undoubtedly testify - sasa.
Tricky
"Halabja, Gerrad Bull, Sheffield Forge Masters. We know what had been sold to Saddam, we knew what he had used on his own people and during the Iran/Iraq war, we knew the capability he was trying to develop. In legal terms is caused probable cause.
I sleep fine."
So now we are making excuses for the british govt, that wasnt the reason given for war was it, we are not police of the world and the iraqis didnt ask us for help. You sleep well cos non of you family members were a casualty of war. Ask all those who lost loved ones and kids orphaned for a war they didnt want or ask for.
"Putin's approach is if you know there's going to be a fight throw the first punch. I guess you don't have a problem with Putin's philosophy?"
No i dont, because we all remember what we were taught about cuban missile crisis, US didnt allow Russian missiles so close to its territories, they were even prepared to use nukes. Why should Russia accept US missiles close to its borders? US has been funding dangerous biolabs in Ukraine, so again russia is justified in invading ukraine, we used the same excuse in Iraq but there were no dangeous bioweapons.
" If that's true why do so many people in these countries risk life and limb to get to the west?"
Very simple answer, we rape their countries, we destroy their countries, we steal their resources and countries have totally collapsed Syria, Libya, Yemen, Iraq, Afghanistan the list goes on. Why did many europeans emigrate to USA?
"Playing the race card is the last desperate attempt of the vaccuous."
You probably born in era where Britain had influence, now the only influence we have is by being a poodle to USa and do as they wish. When we in the west respect everyone as equals maybe then the world will be fairer.
TKOTM
anything under 1.8p is cheap, the egm is on 24th Aug, some will be selling who have purchased under 1p but imho proxies will be buying shares to get the votes. I think the resolution will pass and company sold
This is set to rise tomorrow. Many PI's would have been caught out by the non-7am RNS.
Weekend gave us all time to digest. Offer should set a floor for the Yes's and the No's should be buying in as they think its worth even more.
"Remember the iraq war where over 1m died on false pretence....."
Halabja, Gerrad Bull, Sheffield Forge Masters. We know what had been sold to Saddam, we knew what he had used on his own people and during the Iran/Iraq war, we knew the capability he was trying to develop. In legal terms is caused probable cause.
I sleep fine.
If you think all nations are equal in the way they operate, are run, their values similar then your deluded. In the same way that it was right to challenge, fight and defeat Nazi Germany the mistake that was made there was in failing to challenge them sooner. Putin's approach is if you know there's going to be a fight throw the first punch. I guess you don't have a problem with Putin's philosophy?
"Likewise ppl in their countries are use to how they live." If that's true why do so many people in these countries risk life and limb to get to the west? You're just one of these typical liberal cheese eating surrender monkeys that sucks up the liberties and freedoms in the west while running down the system you indulge in from some self-constructed moral high.
"The statement by you has a little racism in it implying we cant trust other nations but we can ours." Really! A nation is not a race and these days its rarely possible to define most nations by race. Playing the race card is the last desperate attempt of the vaccuous.
You really need to try and come up with something a little bit more nuanced. From reading your posts I some how doubt that's within your capabilities.
TDT
Tricky
See i dont buy that, we live in western country and im use to the statua quo. Likewise ppl in their countries are use to how they live. We cannot judge, there will alway be a minority in every country who dont like how their countries are run, that doesnt give us a right to invade them.
With regards to Gaddafi you didnt trust him, well have you considered the libyans trusting us. If we can have dangerous weapons then they can too.
The statement by you has a little racism in it implying we cant trust other nations but we can ours. Like we are above them..
Remember the iraq war where over 1m died on false pretence, you sleep fine with that. Now if libya did what he did he would have been called the new hitler.
So, if you want moral high ground dont have these weapons then others wont too.
The issue is much simpler than that. It’s simply a case of preference. Would you prefer to live in a Western democracy or an Eastern dictatorship? The issue of who did what is irrelevant.
As for Libya Gaddafi sealed his fate when he considered buying what Abdul Qadeer Khan was offering. I don’t know about you but I’m glad we don’t have the equivalent of a North Korea on our doorstep.
TDT
"Nato is a defensive alliance" ok, when they bombed the f out of Libya was that defensive?
Listen, my point was Nato countries sanctioned Russia, the organisation itself didnt do it but nato was the reason why all countries in the treaty sanctioned russia.
You mentioned Japan they rely on west ok but the rest of the world still didnt sanction russia. Its a power grab going on the west are losing power and influence in the world.
My facts are fine thanks, I was simply pointing out that NATO does not sanction any country and the term NATO used in your context was wrong.
What about JAPAN? they are in the rest of the world and they sanctioned Russian banks
NATO is a defense alliance. "The North Atlantic Treaty Organization"
so less of the Lololololol you sound like a child.
Nato countries are western countries and they are the ones that sanctioned russia. The rest of the world didnt. So you get your facts state. All nato countries sanctioned russia.
Lololololololol
Get your facts straight mate NATO don't sanction.
Who are nato? The whole west? Get that in your head mate..
"Nato stole russian foreign reserves and have put strong sanctions on them" Really? NATO?
The Russian currency domestically has done very well form war. This would be a domestic purchase. The fat lady has not sung yet.
A 1.8p dividend and then you still hold shares o market.
This could literally becoming 4, 5 p a share next week. There could be another offer, there may not be. But its not dead just yet.
BoldlyGo
You are right the war will not last forever but Nato stole russian foreign reserves and have put strong sanctions on them, these will not been withdrawn overnight.
Deep scares between nato and russia now. Putin could nationalise all western assets in russia and we can do nothing about it, the bit treaties and leverage is over. World will never be the same again.
Everyone is sayin the first deal is better, but there was no guarantee that the money would have been given in those periods. What if putin decides to fully close the taps in winter what will west do?
Candian kincross also had similar deal few months ago, 680m deal agreed but last month deal was reduced to 340m. Not much they could do, anything is better than nothing.
Its closure, amc ceo did an proactive interview last month where he said amc have limited options now and its gonna be tough.
Even if he was voted out another of the parasites would just step in and carry on the same.
Ask yourselves. In the future would you put money into a company that our BOD were involved in.
If the answers no then why should you be forced into putting a percentage of your money into AMC going forward.
We’re being scammed.
Not entirely sure RY will have a job for life, regardless of the outcome of the current offer. Presumably he can voted out , when is he up for re-election next?
Fair enough RR but all we get here is negative comments.
This company, for now, belongs to the shareholders and we shouldn’t be scammed out of it.
My problem is with RY recommending the first offer.
After it was rejected he should have stepped down.
He has zero credibility and can’t be trusted.
To think he will walk away from this with a job for life gets my back up.
Vote no to nothing other than a full payout to shareholders and see how long it takes RY to find a better offer.
All I’m say is.
If you see the future so clearly.
Where were you before this war started. You could have told everyone and we could have sold earlier.
As I said, just guessing and scaremongering because a sale now suits you.
Now, if our useless BOD offered all the money to shareholders and closed the company, I’d vote yes in an instant.
Lowbands
As I see it, and only my thoughts and opinion. If the vote is no then there are two outcomes,
Wait for another offer or wait for better times and keep the asset.
I don’t believe another offer would be forthcoming as the Russian Federation are in total control of this game. Any offer would have to come from a Russian entity and be approved by the new Russian committee. Those who might be in a position to offer will already have been either warned off or a deal done.
If we keep then how long before the situation improves and we cane progress, 5, 10 years. By that time we will have been frozen out by the Russians as no western entity will invest. AMC will then default on their obligations to progress and the Russian Federation will just take the asset back. We will then have nothing.
I am not waiting for that to happen.
How can you know the war won’t end next week.
How can you say sanctions will hit us.
You just guessing.
More more to the point, how can you be that gullible that you believe this BOD will find a way to make us money going forward.
I’ll spell it out in big letters.
THEY ONLY CARE ABOUT THEIR SALARIES.
They will take the money and deliver sweet FA as always.
Lot of scare mongering going on today.
Why exactly would we end up with nothing if we vote no ?
Nothing is certain hear and a better offer could follow a no vote as it would still be peanuts compared to the potential gains for the buyer.
Is it a punt, of course it but only 2 things a certain since the first offer.
The BOD are happy to shaft the shareholders. First time offering nothing and the second a pittance. In both instances they came out laughing.
If they have to find a better deal for the shareholder so they can keep their jobs, they need to pull their fingers out of their A-holes and do it.
Zac has not lived to dream of Amc. For a few of us here we have looked at in on a daily basis to see the progress (or not) that’s being made.
From the days of the £1 per share party dream to where we are today.
The original deal gave the shareholders nothing except a promise to invest the initial payment of £25 million. The rest was not guaranteed.
This deal at least gives us the money and still have some shares.
I’m voting YES