Member Info for Amtech

Hence the second post ‘forget that’

Forget that

Can anybody prove it’s anything to do with Mobilestreams ?

“Holding the 4’s very well indeed”

LMAO it’s only been a day since news

I have it from a reliable source that if you know contracts are inbound then trust me, that’s insider dealing. I’d be careful with those Chinese Whispers.

It’ll be back under .5 in the morn, this is aim, selling the news is the norm.

So now you’ve jumped to FY22 even though they’ve not issued FY 21 yet, all well and good moving the goal posts Boris but if they don’t raise the highly dilutive $50m the banks will have the lot anyway.

EBITDA guidance from the company was $65m US dollars Mcatee why do you think this has changed to £80m sterling? Oh and don’t forget they are still $400m in DEBT. You’ll be walking the plank straight off one of the jack up rigs

Needs to go a lot higher Mcatee £60m Mcap and they need to raise $50m, MASSIVE DILUTION COMING

Have they stated they’ll do a monthly update or is everyone just guessing each day so they can claim to have got it right?

Don’t think it was ever mentioned, not even the standard ‘to pursue other interests’ he just left/was axed with immediate affect.

That’s better

No, correct board

Just thought this would of popped up from the start this morning, more road closures in my neck of the woods has left me riled this morning. One of you on here certainly knows the city going by his moniker.

So much for the markets confidence in this stock and some directors ‘aligning’ with shareholders.
5 trades, massive volume on this ‘great news’ you all speak of.

Sure I read they had £50k of BANK DEBT

Ummmmmmm

Of course they’re going to say ‘we’re assessing if any alternative exists to the capital raise, blah blah’ if they just came out and said we will be raising $50m next year as per our debt deal then this is un-investable until that happens. So they’ve thrown out a little bit of hope to investors that it won’t happen. Problem is if they don’t raise they breach the covenants again and they’ll still be in the creek without a paddle. It’s called trying to get the sp up so it doesn’t hurt as much, hence why you all get nasty when its mention $50m…..shssssss keep it quiet and we might pull some gullibles in. Anyway signing off, have a good Christmas one and all.

Only read the first sentence then got bored

So you think they’ll sort the $50m the last week of 2022? It’ll be before then without doubt. What other way can they raise the funds? Only another restructure, borrowing is out the question as that’s what got them into this mess.