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Deal in place for cineworld to buy cineplex for 2.1B, on the assumption they didn't have more than 750m in debt.
Covid happened, Plex breached 750m debt ceiling, world terminated the deal.
Plex disliked this so sued for 2.1b. Court case then spent 3 weeks with both sides finding and talking about various excuses and reasons why they did what they did, i.e straying from ordinary course, delaying payments to creditors etc etc. Without watching the case it's very hard to bring up the points as they spent hours and hours discussing everything.
Overall I can't see plex getting anywhere near that figure IF they win. but what do I know, I'm just a CAD monkey.
Guessing shorters buying to close?
I've always wondered if shorters can close short positions with their own stock if that makes sense?
Everything is red today, particularly the travel and entertainment sector. We get lumped in with them.
The Court case finished Two weeks ago. Those articles were written back in June and not up to date with the goinings on in court.
and here was me wasting 3 weeks watching it. At least we all got the please of Mr. Mark, I do miss him and his antics.
"This revenue performance has been underpinned by discipline on costs where the company has been focused on streamlining operations wherever possible, although we have seen some inflationary cost increases."
Did anybody pick up a sly dig when reading this earlier or is it just me? Underpinned by discipline on costs?
To look credible?
I was pretty gutted when they moved Top Gun back,. I would have liked them to have moved either Top Gun or John Wick forward a week or two to fill the early May gap but what do I know. Jackass 4 Is also a Feb release IIRC, I think that will do really well for both young and I say this through gritted teeth *old*. I remember seeing the last Jackass 3D in the cinema, 11 years ago...
Top gun is pushed back to 27th May.
Has he been right yet?
No.... filter and forget.
They will be negative again next week.
on of the ****list members posting on a green day? HL not got any shares to sell.... some real desperation to get you to sell your shares so they can have them. Don't bother, stick them on the green list and ignore.
Anybody else bored without having Mr Mark's comedy shows in the afternoons?
Also, a CFD position does not affect the price of the stock.
Just wondering if they are CFD's or actual shares on Trading212. Some of these platforms you don't actually buy a share, its effectively just a bet that the price will go up or down, and tracks the actual share price, you don't actually hold the share.
Gotta this last half an hour jas made me slightly nervous with that couldn't terminate if we're breaking themselves part. Stopped listening Joe as I've got an event, so looking forward to catching up later on here. Hopefully it finishes better.
Probably Q2 2022 at this rate!
Ok it's live now!
Any indications on start time with Mr Steep having his medical procedure?
Not watched since lunch break but this morning Mr Mark had his glasses off, head in his hands and looked completely beaten!