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Jp Morgan
Wow, half mil. shares, shockingly huge amounts.. disaster, all is over..
.. and only third of these are on physical open-market operations, the rest are derivatives..
Interested to know how you came to the conclusion that “all is over”...
Sarcasm.
Jp sell to depress the price until an outcome?
All is strategic they are a sharp bunch of people
This looks like future sells right? So the first sell is July?
Future sells?
Yes. RNS is notification of something. I'm this case, they are notifying that they intend to sell shares. 2 July then in batches over the next 12 months. Or have I misunderstood?
Well if they intend to sell in batches from July onwards then that is good news. It means they expect to pull in a profit. Of course, there would be some fluctuations
I'm only replying because I would like to say 'Ivorbig1' but yes, I think you are mistaken.
Thank you soundrisky. So what does the RNS mean? Obviously I'm new to this.
That has been in all of there RNS releasss so nothing new
I've been reading up on cash equity swaps, as I am a relative novice.
It looks like this is a mutually beneficial transaction. That JPM anticipate to benefit from cashing in on future SP rises and AMGO benefit now by having share price buoyed by the JPM purchases and this effectively gives investors and creditors a perceived value to the company.
I'll be an optimist, do we think the cash for equity swaps will in effect act as a share buy back and drive up the Share Price? Also JPM doing it in this way gives a structure rather than just dumping shares.
I am viewing this as positive and a clear partnership.
Thoughts?
You all know JPM are the Bybrook fund primary broker and custodian of the fund
So why have JPM committed to certain volumes for cash with AMGO directly? For me it dispels the JPM are holding for Bybrook theory.
Gets the SP up ready for an equity raise.
They can have it at 60p.
Company share is very undervalued and there is massive interest around it so any share issue will likely be not discounted, if ever happen. Literally any sign of survival will lift the price significantly from 24p level.
GG, I'm gonna call you Silver Back from now on lol
If there will be any takeover approach, it will come not from JPM but from the BB side. JPM is only holding shares for them per my understanding.
Guys we know how this story ends.... the fca will try and flex there muscles .... Gary been on the blower all afternoon from his pad, he is gonna to get us over the line ..... #ingarywetrust
I wish gary could just Tweet it's all sorted in code or something lol
Tomorrow is the last hurdle then we can look forward to amigo 2.0 and boy what a open goal we have.
pent up demand, Provident leaving the field for us meaning Amigo will be the number 1 sub prime lender in the UK.
With new products in the pipeline we will have the best opportunity to grow the business, we are going to have a monopoly on the subprime sector in the short term.
taking the day off tomorrow to read the feed on the this board and fingers crossed with the champagne on ice
Lets hope it goes well, good luck holders
Good Evening All, what affect will the JPM late RNS have on the SP tomorrow ? Was it deliberately held back?