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Definitely not me. I did see they made a slight profit haha! So not all bad! Maybe it was their dinner money for today's meetings
"Does anyone get the 50,000 buy and then 50,000 sell on the RNS for yesterday?"
Obviously not you, Jonesy... ;-)
Does anyone get the 50,000 buy and then 50,000 sell on the RNS for yesterday?
I've just been reading them comments thinking the same! Haha
Bridge got up on the wrong side of the bed have we?
Good early strong start to the day , let’s March on 10p.
Bridge,
You said twice now , why keep on saying same thing again and again.
Suspension announcement coming today I expect
Hopefully
Morning all,
Let's hope we will cross 10p by midday.
I agree a strong start
And she off, morning all.
Skull, if I was a betting man I would say with good news a minimum of 10p + ,
I've seen PI buying in sinking companies taking a gamble, punting, making a bet with dozens of millions, and still got burned after sad outcomes.
TCG was one of those where two investors in same industry decided it's a good opportunity and poured in 15mil right before admin.
AMGO with some German guy throwing in millions (it hasn't collapsed yet but very toxic atm, not even mentioning announced dilution if it survives), he's 80-85% down.
As been already mentioned below - Sirius Minerals: without last moment miraculous buy-out by AAL for a pennies it would go into admin (liquidity was critical, then covid hit with interests up and financing cut everywhere around).
Let's hope it's not one of those cases and his purchase is informed decision, not just some belief what it should play out.
Of course there're other options like getting more voting power for EGM with intention to to collude with other party and get majority, plans to take it private, etc.
Either way - good luck.
It’s still in the hands of the administrator, but shareholders are the bottom of the pile. The worst part is that they funded shop conversions on behalf of Morrisons, and then got shafted by Morrisons
I understand it is a totally different scenario. I was just curious what happened and were they are up to with it.
Shareholders will most likely get nothing. A bit of a stitch up, but nothing like this scenario. I’d be stunned if this isn’t sorted
What actually happens with McColls shareholders? Hasn't Morrisons agreed to buy it/Bought it?
All the best guys. I got 10k ridding here.
I got stung in McColls recently, and I’m all in here now. I know it doesn’t work like this, but the market is due me one. Not long to wait until we find out, but I’m betting on an RNS to say that an extension has been granted, then it’s game on. Good luck everyone, got to be in it to win it!
That's fair enough, everyone has their own strategy and it's wise to only invest what you can afford to lose. I don't believe this is 50/50 though and major buying has reinforced my positivity.
GLA
Manx
Sorry 50/50
@strike
So you don’t believe it’s 50:5.
With all this buying someone must be in the know.
You cannot blame anyone for playing it safe! I personally have not and I am staying in. GLA no matter your decision!
The shares will be suspended if the accounts aren’t signed off, but they can also get an extension. I’d imagine they will be over 10p if an extension is granted, considering all of the stake building going on. As always, follow the money