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:-) I know YOU are. Others weren’t though!
Am jokeing you silly sod
I don’t think you’re on your own Scott, lesson learnt I guess.
And i thought chris was the man
No you don’t you to the CEO of sxx for financial advice. Nor do you go to a faceless BB Seems many did and are wondering why they are now in this predicament.
Try a qualified financial advisor who can talk to you about risk profiles, diversification of your financial assets and planning your finances for the future.
Do i go to fraser. For financial advice .he was giving plenty to the butcher baker and candlestick maker .espescially round the whitby area.he was renound for it
Seems the delusional posters are back. No one is going to buy this for 15p!
The price someone is willing to pay is 5.5p therefore this is the value of the company. Why are AAL going to pay more when no one else wants to buy the company ?
The only way investors will realise more value is by finding an alternative way to raise the necessary funds for the next stage of development for the project,.
The possibilities should be quite clear for everyone.
First, will the vote be yes or no? If yes, then the company is sold for 5.5p. If no then the question becomes can an alternative funding option be found before the cash runs or, or will an alternative offer come in to buy the company. My view is that if the vote is no then AAL aren’t probably going to make another offer, upping to 6p isn’t going to cut it and the market is already concerned by AAL acquiring SSX (read the latest UBS comments).
Forget these farcical figures, there is one company in the world who is willing to buy Sxx (just one) and they will pay 5.5p, clearly this is what it is worth whether people like it or not.
Alternative funding is the only option and this is the gamble given the time left before cash runs out.
As I said yesterday, I think this will go to a no vote given the fact that many yes voters will want to safeguard getting some money back and just sell at 5p.
So (as someone stated earlier) shareholders are going to call Sxx bluff and see if there is another option before cash runs out. Probably the highest risk strategy you could take, but could lead to equally high returns.
Reading the BB it still seems as though a lot of shareholders aren’t clear around the situation and potential outcomes here. It will only lead to more head scratching if it all goes pear shaped! Probably best if some posters talk to some one who can give qualified financial advice.
Tex
15p doesn’t cut the mustard for me.
Even Judas got 30 pieces of silver.
This, remember is a tier 1 asset.
15p!???
Classic case of lowering people’s expectations and then delivering a lowball fait accompli
No means no
secrets
OFFER ME THE LAST PLACING PRICE OF 15p AND I WILL VOTE YES. I will still lose a bundle but may not feel swindled.