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Ahhh didn’t mean it that way hillman. Just thought it might be one more tool for the arsenal! I think it was nickel investor or someone said something about charts changing I was getting an itchy finger over the sell button anyway by this point and as I can’t read charts for toffee I checked on that app and it had switched from buy to sell ..... so I did.
If it helps and I’ve only just started using it the investing.com app seems pretty good at gauging change in sentiment. It breaks down the fibbowhatsit, cappuccino curve cobblers into simple buy and sell indicators. I just happened to check it when the sp hit 19 by chance. I was offered 18.4 on HL and took it. As you know it proved to be correct.
Yes see I had the stock owing me 10p, I had the deal button at 18.50 and didn't push the button I then sold in the end at 16.20.. Being the greedy tw*tni am on the same day bought back in at 15. Hoping it would stay but obv didn't, that was all on Monday and dropped into 10,s. Been ave down the whole time since. To the point there is now 103k in. So there's lot of ways you can make mistakes. Impossible to get it perfect. As long as this goes to where we think it will, all this will be happy history.
I'm currently following everything JB and this bb members have said. Honestly in hindsight I don't think this was worth it I'm kicking for myself not jumping out at 18p and love the moves Mark has made dipping in and out at great SP.
As mentioned I'm going to stick around and hope this plays out well
Sad thing is.. We are really all guessing and taking a punt.. Just trying to see the positives.. I look at it like this, I'm a big boy. And we only live once. I don't want to be looking back and thinking what if. No shame in getting a stock wrong, Not saying put your life savings in, But if you have a few quid I would have a go on this.. Like I said many days ago.. Could pay for a lovely holiday, well when we can go haha Pay off your mortgage, Set you up for life.. All depends. Anyway it's your choice and your money. But don't look back and go oh if only I put £500/£1000/£10000 in etc what ever your situation is.
Its not irrevocable. The terms laid in that were clear after the board leaves. He could easily argue by that he means resignations this won't be investigated into further at all and give the broker something on the side and everyones happy.
This is why I'm doubting JBs intentions - irrevocable seems like an excuse for some other plan hes laid out. Either to drip all his shares in a company which he knows will be worthless in a years time or buying out shareholders on the cheap (he doesn't like us anyway no matter if he became a billionaire because of us) or he already has a side dealing with a buyer.
First scenerios scary second and third not so much
JB keeps saying it is irrevocable. I kept saying it is not so. All he needs is a good solicitor like Harvey Specter for those of you who have watched Suits on Netflix to tear up his irrevocable instructions and launch a bid by himself or acting in concert with someone.
Even I'm a holder either way. I myself have put in most of my pot on this share after taking profits from groupon and tupperware.
The thinking behind my next week is, if there are multiple interested parties (JB included) next week would be the right time to strike to get the best prices before a upwards turn in SP and then trying to purchase shares at higher rates.
If JB is holding his sold shares in another pot then this is pure market manipulation (tweeting every couple of days suggesting he might still be in with us and being 'off' with 90% shareholders).
I just haven't seen such a share with so much going on behind closed doors that some people are partied to and shareholders aren't
However, our faith in Glen is very strong, and once we are sure that Stephan Wilcke and Roger Lovering have left the board, we would see a strong possibility that we will reinvest into Amigo and play a part in the turnaround.More clues that he could launch a mandatory bid and buy out the minority holders:
Car geek, I see he replied to you on Twitter. These words of his hold the key to all this:
Actually as it stands now I would have made more by not floating at all, and just leveraging up the company with more debt. Amigo was severely under leveraged for many years. Even now it has net assets many times larger than its market cap.“
He is a businessman, and as much as he hates the other shareholders who went against him, he would be a fool to run this to the ground and ruin his reputation, which is why he has something up his sleeve yet.
Cars now by next week you are 100% wrong, Like me and many other people want this done and upwards ASAP, Unfortunately this one is a long winded process with lots of twists and turns. Got to be a little patient and have the nerve to stay in and stick with it, A lot of people will get bored and sell and frustrated with this stock. My personal view is now buy, but come and look in 2 months time and see how we are. Yes this might drop 1 maybe 2 more p, but that's up for you to decide. But I would rather be in at this level than trying to scramble in at high teens 20,s and the boat has left, and has sailed half way round the world
Hillman, a Rule 9 offer requires payment of a minimum of the highest price paid for a share by the bidder in the preceding 12 months. I would be happy with anything above 20p if I were honest but it could be 50p or more if we are lucky.
Let’s see how this story unfolds. I am a strong buyer at this level.
Keyword there was 'as it stands now'. Sure he made money but he would've made more given the situation now.
If this doesn't bounce or some major RNS happen by next week I feel we're all being led on by JB in a share that is eventually going to be worthless hencr the drip or lack of cancellation of drip doesn't make sense