CIN.L Share Price (CIN)

zap the bap cwap tap off mapp...mind the gap, take a nap...'tis the rap, mapp!

Take care. Life is not fair.
Someone bought 7, another one 8.
Both paid 13 early not late.

High caliber mgmt team.
This share was 68p 19th January 2022 ( 1 year )
15p at 11am today ( mid is 20p at 3.30pm with 25% spread )
Days before Christmas they put out this RNS :-City Of London Proposes Cancellation on AIM & Invests in RBL.
Do they get to keep the massive salaries they have collected for years ?

If you look at the calibre of people Oakley has brought in to help scale this business there is going to be a significant ramp up in deals now they are attracting deposits, and actively promoting loans through brokers. He has a track record of this with RBS & Metro, is highly intelligent and well regarded. Set up costs have been paid out of the capital raises and with income starting to accelerate it will be interesting how quickly Recognise start covering their overheads when they publish their next set of results. One to watch and I expect them to be one of the winners of the newly created banks over the next few years.

Current shareholders and potential investors in City of London Group (CIN) may be interested in our webinar on the 14th June. Michael Goldstein (CEO) will be presenting to ShareSoc members: https://www.sharesoc.org/events/sharesoc-webinar-with-city-of-london-group-cin-14-june-2021/