Member Info for andywest

I think the annual results are due on 5th March not the 8th.

Thanks ARCM. That puts the current virus outbreak into perspective for the time being at least.

ARCMH Is that 56000 UK deaths or worldwide?

Thanks to lucky lady and jds.
Andy

Hi lucky lady
Any chance you could repost those website details in a form that I can open please?

The creditors meeting is I think on 12th Feb.

Interesting TarthD.
Looks like they are capable of making huge fines - certainly large enough to hurt our shorter. A big issue will be how speedy their actions are.
It would be great (but probably unlikely) if their decision was made public before PMO's final Court hearing to approve the scheme of arrangement.

Thanks lucky lady!

How is it that the court case is going to start before the creditor's meeting? I thought the court had to ratify the scheme of arrangement after it had been approved by creditors and shareholders meetings.

As part of yesterday's announcement it was stated that the BP acquisitions would be backdated to 1/1/19. Presumably this means that their results for the year just ended will be incorporated into the accounts due to be published on 5/3/20.
However the purchase is not due to be completed until late March at the earliest. Surely they cannot incorporate them until the deal is completed.
Thoughts please?

Thanks Lemarc.

Can someone remind me please how much of our debt is held by ARCM?

Lots of very informative posts in the last 24 hours. Keep up the good work please chaps!

You need to be careful with 88e it has a weird capital structure.

I think SK is very lonely. He spouts unreasoned stupidly provocative drivel just to get a reaction and encourage other posters to message him.

Thanks Jaffa
Let's hope you're right.
It would be great fun to watch them trying to close their shot positions in a rapidly rising market.

Hi NSTA and jaffa
Are you saying that there a call option or equivalent that cancels out the short?
If so does this mean that ARCM do not have to buy back the shares they have shorted on the open market?

Hi Jaffa
I do not understand. Could you explain please in simple terms.

Over 7% increase in SP yesterday combined with over 15,000,000 shares traded (biggest turnover this month).
Could this be the beginning of a welcome squeeze on ARCM?

Hi Fibo
I am not good at this but to be short would they not have to had bought put options?
Not saying you are wrong but would like to know your reasoning.