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Magpies, I predict it will result in whisky being drunk.
What a silly thing to comment. We all know it is one the things that is going to happen Magpie
Well, having done some exhaustive research and due diligence on the available information regarding the value and future potential of the proposed takeover and enlarged group of companies, I can confidently predict that once the suspension is lifted, the share price will do one of three things..
1) Fall !
2) Rise !!
3) Stay the same !!!š±š±
What's your considered opinion ?
ššš
GLA
At the request of the Company, the FCA has suspended the Company's listing, pending """""the publication of further details on the Assets and the enlarged Company or an announcement that the transaction is not proceeding""". The Company has requested the """""temporary suspension because of the lack of information about the Assets in relation to the Proposed Transaction""""", which could prevent the smooth operation of the market in the shares of the Company.
Surely this information will not take too long to get !!!
No point in insane ramping whilst suspended mate-car crash of monumental proportions
@Magpies1862
Haha you're absolutely right
Just keeps dreaming, that's all
Acca.. there will be no sp movement, up or down whilst it's suspended !!!
š±š±
Just a reminderĀ to all the shareholders, please lookĀ at the directors used to buy Amigo sp 10p onwards. So many millions of shares will turn into hugeĀ pricesĀ soon. This is somethingĀ with the weirdĀ behaviour of sp and shareholders forced to sell all shares cheaply. Diluted that's what they said but, but if sp suddenly comes to 10p - 25p this could happen anyway. Believe it or not. Good luck to all . IMO
Amigo played a blinder!
Let Flemming sit on the BoD, sign an NDA.
Shut the shareholders up, avoid an EGM for 6 months
And now ASAG want an EGM.
Well played Amigo, you shafted all of us š
Haven't visited this ticker for a while, though "finally" looking at suspension status but seems it's not done yet.
There's another amazing opportunity for AMGO BoD to invest capital of their shareholders into, the company is called "Aerotyne International" - cutting edge hi-tec firm with huge upside potential with very downside risk. (not a financial advice of course).
At this stage of the game with all of the doom and gloom that's being bandied about, surely if the SHAGgers had some real pertinent information about the future survival of Amgo and had any concern for the plight of fellow share holders they would promulgate that info for the benefit of all and not keep it within their own little 'clique'.
But then again, I won't hold my breath !!.š±š±
GLA
Not sure because last time they said not to
Painful reading, Absolutely meant to deeply hurt Shareholders and SAVE their Jobs I thought Danny Malone had resigned how can he lead on negotiations
EGM needed to get them immediately Remember previous CEO made a mint and disappeared
An you post it?
Just had a email from share holders action group worth a read
The man behind it (Cato Crogh) is quoted as saying...
"The old business ā giving loans to people who never should have loans ā we are not going to reopen that. That is maybe the worst business idea whatsoever.
Donāt give loans to people who shouldnāt have loans. That is unethical. That is crazyā¦ but give it to SMALL BUSINESSES who are maybe in short-term need of money."
================
In some instances, small business lending is not considered sub-prime and is therefore less risky and therefore has different funding criteria !!
Maybe, just maybe , Mr. Crogh has a plan worth listening to !! š±š±
Who knows ??
GLA
ššš
Doesn't currently have a license (it would possibly be easier to start a fresh - if you could find funding which is difficult for subprime at the mo)
@flyhigh I'm sure it will all get sorted in its own time one way or another.
Thanks for caring x
Donāt underestimate the value of buying a company that is already listed, has a license to do moneylending, has software and systems set up for this, a well known brand (even if tarnished). And which probably has big tax losses that can be used to offset against future profits.
I suggest you lot email the fca to see whatās going on thatās all I suggest as amigo are sticking everyone there a case against them it seems and it involves this whole thing thatās why ur shares suspended
Payzinos it is based in United States
WELLS FAR to GO
The guy behind all this , a Cato Crogh, a Stockholm-based entrepreneur, abstract expressionist artist and former restaurateur and nightclub owner , sounds like a Norwegian version of Del Boy Trotter to me. !!
The only pertinent link is...
His main focus seems to be the nascent payments firm Payzinos, which he envisions offering bridging loans to businesses:
He is quoted as saying...
"The old business ā giving loans to people who never should have loans ā we are not going to reopen that. That is maybe the worst business idea whatsoever.
Donāt give loans to people who shouldnāt have loans. That is unethical. That is crazyā¦ but give it to small businesses who are maybe in short-term need of money."
So there we are.. Amigo(zinos) is moving in to the Business Loans market !!š±š±
Should be an interesting ride..buckle up !
š±š±
I sold at an eye watering loss but still check in every now and then. I got booted out of the twitter group beforehand for beingānegativeā I obviously didnāt own the same shade of rose tinted glasses. I was in this before SOA 1 and it was nothing but disappointment for LTHās all the way through. It took a while to realise that I was in with my heart rather than my head and for that reason glad I got out. Amigo is a dog with fleas but still hope thereās an out for the LTHās albeit Iām sure there will still be pain to come.
Fforestgwmp - I have never called out LTH or pointed comments towards them. There's the same 3 or 4 that post nothing of value, its just infactual made up junk with no foundation, so I'm just here to challenge their "this will definitely do 50x" or the "we'll all laugh at them when this comes good"... it's madness. What they don't realise is they just drive away genuine discussion and then moan that no one is sharing any information with them. Same with the Twitter groups, they were insightful to begin with, holders were actively speaking with Gary, seeking updates, sharing any news they found... over time it just became a circus and multiple people throwing toys out the pram and what not.
I did sell out, 1.5m shares at 0.008. The 52 week high is lower than what my average. I'm not bitter, why would I be... it was the right decision for me at that time with a hefty chunk of loss for future CGT offsetting. I'll post when and where I want and continue to call out the rubbish... HAGW
So, some pretty wild predictions by posters of a 4-10p sp are simply outrageous. How can you suggest an increase of 10X to 25X on the current sp when we will be shafted by āconsiderable dilutionā probably increasing the factor 50X to 100X to get to those prices?
I desperately wanted to see Amigo rise from the ashes but questionable moves like this by the BoD now have me laughing at their decisions
Sorry to say Iāll be exercising my right to vote NO if dilution is āconsiderableā. If thereās no value for me, then there should be none for the BoDšš½