Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Habzy87. I thought you said you had made a fortune of trading these shares
In this day and age it would attract national media coverage especially if you let the press know before you turn up!
Everyday for a week should do it, walking up and down back & forth in front their building peacefully (or not) protesting !
I’ve messaged you blindinvester.
Let’s get the protest outside Morrisons headquarters.
Easier way drop me a text I’ll move you into group
07753671947
The fashion in which the last few days have played out is an abomination.
I had £114K invested .. would be very grateful to join an action group!
Not at all. Completely usual with a suspended stock.
It’s normal maybe for a few trades to show during next few days.
A spokesperson for Morrisons said: "We put forward a proposal that would have avoided today's announcement that McColl's is being put into administration, kept the vast majority of jobs and stores safe, as well as fully protecting pensioners and lenders. For thousands of hardworking people and pensioners, this is a very disappointing, damaging and unnecessary outcome."
Something strange going on imo
Who do so many keep going on about no RNS, RNS's are issued by trading companies the BOD's of MCC are no longer in charge of anything as the business went to the administrators last week. All they are interested in is getting the most money for the debt repayments.ie the banks. Don't get your hopes up it's all over for MCC and all their shares.
I agree. The hysteria is silly. There were warnings beforehand that the company was likely going into administration. I lost £400, partly because I got wrapped up in a converstation with someone that was taking up too much of my time and I missed the chance to sell. I was going to at midday.
Its a small loss, but a loss all the same. Have to take it on the chin...
I can only speak for myself here. I invested purely as a gamble, and it didn’t pay off.
Better odds than an oiler trying to find oil that flows, is near a pipeline and is commercially viable.
All shares are a gamble, so unless you want to bore yourself to death by investing in a tracker fund, then maybe they aren’t for you either.
Please spare us all the sanctimonious p1sh, I’m pretty sure that everyone that invested knew the risk.
We’re not important now, they’ve got more important things to do atm like ramping up the remaining conversions!
It is shocking, but shows how far down the list shareholders are when something goes wrong.
Most investors still do not study the debt of a company before buying in, this is clearly a major mistake.....
Remember: debt comes before equity in these situations.......
Maybe the typist is on their lunch break and they've popped to the local mccolls for a sandwich, some stamps and the sun.
Shameful there is still no RNS to put it to bed.
Is this a pi55 take - people seriously believe shareholders will still have their shares bought with 170m of debt - cease trading immediately before you lose the lot.
Businesses go bust - simple.
The one thing with this one is that they warned shareholders several times that they were in trouble and any rescue package would result in little or no value in the shares.
The reason many investors have lost the lot here is because they chose to read those warnings wrong, ignore those warnings and not do their own research or believe all the crap that was being posted on bulletin boards and twitter about takeovers (completely ignoring the company itself).
Harsh as it sounds they cannot blame anyone but themselves and need to move on and learn (and not do exactly the same on the next share that spikes up for no reason).
Shareholder action group is just throwing away more money on a pointless action - if there is no money in the pot they are hardly going to compensate shareholders and I don’t think that has ever happened with any share ever.
wow.... only a 10,000/1 shot ??
Sounds better odds than my GG's..... can i have a fiver each way please?
Legalised Fraud
You're not bursting my bubble, but thanks for the apology, appreciated but not at all necessary.
History will teach us that we will be left with holding the baby. We have more chance of winning the lottery. Cooperate theft is on a different level to anything we can comprehend and this is another example. The RNS will lay this to bed
They say they, Morissons will pay lenders. If shareholders have funded conversions then maybe there will be something in it for them, possibly one Morissons share for so many hundreds of Mccolls. Maybe absolutely zilch!