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Morning Bro et all, well that's a turn up for the books. Surely theres got to be something there, everyone has had plenty of chance to consider future options, I doubt he's just turned up to have a look.
Gla
I think this paragraph is important:
'The additional capital raised by the Placing will be used to provide working capital to Amigo to pay primarily the costs of this transaction and fund some of the costs associated with exploring potential reverse takeover opportunities including consultancy costs. Based on the Company's current estimates of the transaction costs and other ongoing costs, the capital raised from the issue of the new Ordinary Shares is expected to extend the runway, until Amigo itself requires further funding, for up to a year.'
Saying that Amigo could be listed for another year. We were priced for delisting soon and now it looks like it will continue for the forseeable future.
Bond-Investments. I've absolutely no sense as to whether we will actually see the share price rise, but here's hoping!
ATB, FG
Morning FG. Nice to see they're trying to create some value for shareholders, finally. Jim McColl seems like a smart guy to have on the board. Let's see where this takes us.
GLA!
The RNS includes:
Amigo Holdings PLC ("Amigo") is pleased to announce that it has today engaged Jim McColl to act as a Board Consultant. In that role, Jim McColl will assist the Board in identifying potential strategic opportunities for Amigo to continue as a listed company by way of a reverse takeover. At this very early stage, there can be no certainty that a reverse takeover will take place and any such transaction will inter alia require shareholder approval and a new application for listing in accordance with Listing Rule 5.6. The Board expects that Jim McColl will be formally appointed a non-executive Director of Amigo, once the new issue of shares, described below, has been completed. Jim McColl brings nearly 30 years' experience of creating investor value by building businesses. Further background information on Jim McColl is set out below.
There might be life in the old dog yet!
Good luck for those that are still here. Our secret £500 buyer will likely have made circa £20k here!!!
GLA
Less than either of those prices a big fat zero
Agreed. It's crazy they can't male this firm work with all the scrutiny it's had now
Really annoying that Amigo have fallen to these levels when all over the news today is illegal money lenders charging crazy sums & violence. This industry needs regulated lenders like Amigo but the FCA & government have messed up big time forcing the less fortunate to back street loan sharks. I find it a sad state of affairs which could have been avoided.
Because there are still rampers out there who will buy them...
Whoever sold that 2057436 today bought on the 18th of March for 0.145p (last Monday) and made an £82 loss after selling at 0.141p. Funny how the bid remained at 0.15p though and yet on Friday, the ask moved from 0.20p to 0.25p but no buy came up. What's that about?
Strange. I just managed to reply to a post that no longer exists?!?
DD. Then why aren't the shares worth 0.00p?
Just tried a dummy selling of 400,000 shares. No auto trade. Dropped down to 200,000 and auto trade was generated.
MM games or genuine lack of interest in buying these shares?
A large sell today, and other last week, makes me think that all might be lost here.
Let's hope not!
The ask jumped late afternoon on Friday from 0.20p to 0.25p with no visible buy to cause the spike. Possible large unreported purchase, perhaps?
Worth a punt
There's been some heavy selling of late, but I've just added another 200,000 shares. Small beer, but who knows how much 800,000 shares will be worth in the near future?
32p or £32k - That is the Question!
Hope he tells DWP THATS he’s come into to some money
Will have to stop his payments for a few weeks
This morning's trades appear to be sells to me. So, I tried to buy £90's worth just to check the buy price. Strangely I got NT to buy, my account when to negotiated settlement. Finally, after a few more dummy trades, I started receiving auto trades up to £500.
All very strange, if someone sold a few thousand first thing!
Looks like our mystery buyer has returned. £500 a throw ain't much but he/she seems to be mopping-up a lot of shares.
Yes, those were buys but showing in red as they were below the mid-market price. Ask has finally dropped to 0.20p now. Real spread 0.166p/0.199p.
All decisions on claims should be made by mid-March so we should get some kind of update this month, I hope.
I think the 0.199's are buys that are showing as sells for some reason.
Our mystery buyer seems to have disappeared. I'm hoping he/she returns, else I lose a further £1.5k here
GLA
Looks like it might not be until later in the year.
When does this fold so I can lose all my money?