Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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May have been Evraz Telegram. Either way same wording.
I can see cw rolling over and pay out everyone owed as it could go on and on with all the compensation claims
Dean36
This exact statement in exactly the same words was given by 212 to another user from on a different board only two weeks ago.
Subject / board was Evraz and reference what are the possibilities for it as it’s suspended. That leads me to believe this is their stock answer (copy and paste job) for ALL suspended shares.
Well that never take long to ditch last week 4th amended plan they must be desperate to get REGAL on side and other disgruntled small stakeholders to come out of the wood work, anyone but us i suppose to seal the steal,
i wonder if we could still see the 6th and the 7th perhaps even the 8th amended plan in due course LOL!!
A huge billion dollar fraud is taking place and there is nothing you are i can do about it without backing
@Hexam
Thanks
Well dean im hoping for the first- shares to be bought out at the in the terms for 5p haha and hexam is hoping for the later so he can cash in his shorts
Yes Cause I AM HARD!!!!!!!!.
This Response is From Trading 212 about Cineworld Stock.
We are still expecting further information in regards to the outcome of the situation. There are three possible scenarios that may occur in case of a delisting;
- Closure of positions at the last tradable price or a delisting-specific price in the terms
- The security may move to another market and trade there. Usually, if that's the case, it tends to trade for a fraction of its former price.
- The shares are deemed worthless, and positions are closed at a price of 0 - the rarest situation, but it cannot be excluded.
5th amended plan is in on kroll
Rep - it's all going to and coming from the new company once all the assets have been transferred across to it though it may be a little messier than that until this actually happens (but I think it should only be days, if that, as it's one of the first tasks of the administrator I think and everything has been lined up to take place 'promptly'). In fact it could all be seamless in practice?
Wolf, just out of interest, does the stock need to be cancelled in this situation before one could unlock and keep his money made from shorting? If the newco comes to market and the lenders will start losing value and their money for real (not hypothetically like now), it would be perfect time to short. My question is should I wait until the newco crumbles or try to get out a couple of weeks before that happens?
So a simple question
How can the Cineworld continue to operate in the UK where is the revenue income going and who's paying costs and staff salaries etc?
‘The fight will continue in the UK courts. The only thing to do now, the only option is to STAY HARD! ‘
Please don’t pin your hopes on this mate. Although the size and scale of this failure magnifies the situation there is nothing happening here that doesn’t happen in bankruptcy proceedings every day of the week. It’s not some massive scandal, no one has stolen anything from anyone. It’s just what happens when you borrow too much without the means to lay it back in the timescales required.
Anyone who predicted that UK administration wouldn't be a walk in the park - it looks like it will be with Alixpartners appointed as administrators. Correct me if I'm wrong but those cats are on the lenders' payroll.
Apologies, you are right. This is the best July box office this year.
Thriller40, if this was year 1536 ... you'd have your head chopped off ...
Yes REP look like we are going to be deleted without trace, and without challenge by anyone higher up''
as everyone involve in this multi billion steal IMO has already been paid off inc there preferred Press, so information will be hard to come by.. but we will still have KROLL to still follow the case to the proper end until they decide to close that down also FK knows..
but good luck for the future and on your travels
Regards
When your plan fails, and your back is against the wall like our current situation for LTH's.
The fight will continue in the UK courts. The only thing to do now, the only option is to STAY HARD!
It was nice chatting with you guys.
Myoh we are still in July, what’s inflation got to do with it, they have still done 1.3 billion in July at us box office, come on fella use your bloody head
So assume this message facility will be coming off LSE within a few days
GLA it's been interesting experience over the last 3 years
Except for 2016, 2013 & 2011. And probably all the other non-covid years this century if you adjust for inflation.
I'd consider buying shares in the new company if they issue them as its still a sound business
"According to market watch Cineworld Stock is to be Cancelled Tomorrow"
Didn't the RNS give it away? You have a habit of breaking news that's actually pretty old by the time you post your 'revelations'. Still, even you must concede finally that this is done - like nearly everybody has been telling you for weeks?
Tragic
They dont tell you cloud its literature usually u read it anyway Away an do some thing get out of here its history as you say