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I guess patience is order of the day with this stock. I was hoping we would have some more clarity by now. I'm sitting on a 53% loss at the moment, I'm sure there's LTH probably on a lot more.
Here's hoping the new board are on the case and haven't forgotten about us smaller shareholders.
Afraid I'm not a twitter user, maybe showing my age, thanks for the offer though.
I think many on the board stating sentiment will get stronger are on the right track, 10p is the next ceiling that would be great to see broken.
Thought I'd drop a note and give my 2 pence worth opinion now that I can. By that I mean I have a little insight being that I worked for JPM for 18 years, the last 10 in Syndicate operations ( was made redundant last month) my team worked on the last Amigo IPO.
I wouldn't say I'm a ramper or de-ramper; however, I appreciate all opinions when they contain views supported by informative ideas and to those who post I say thank you for your views.
I myself have the view that taking into account the risk vs reward this is worth investing in and taking the chance the returns can be life improving/changing hence I've put 1/3 of my redundancy package in this.
I think you will see institutional investors jump on board once/if SOA2 is approved. Given that Amigo is a client of JPM and that JPM were a lead bookrunner and settlement manager there's a strong chance they may lead any fund raising exercise be it be an open offer via equity or new issue via debt.
I hope that those of you that are invested make a profit and the next few days/weeks/months and years are +ve.
Another week gone and still no news, I suspect price will creep back down the longer this goes on.
Here's hoping we hear something soon.
Personally I think he did, I'm of the view he realised he couldn't take the company further and he couldn't get any more cash out of it.
The placement before the recent one which destroyed the sp was his biggest mistake and we never recovered from it.
I'm glad he is going and we have a little hope with the new investors as they have track record of success; however, it is just hope as not sure what the plan is yet.
I'm hoping they may share news on update/ vision/ direction via RNS on the same day as trading update.
Given they own over 2bill of the 2 1/2 not sure we are of any importance to them.
Let's hope I get proved wrong.
Looks like many are bailing before the trading update, sp is getting hit. Here's hoping my stick and see approach works out.
Thank you all.
I'll wait and see where this will go, at least for the next 6 months. I'm of the view the new owners have plans, they are / have success in previous business's and hence no point selling until we see what the next 6 to 12 months bring.
If I can kindly ask a question to the more experienced investors on this board. Where do you believe in the next 6 to 12 months this company can go? I'm interested to hear your views as I'm a little stuck when looking to research the current situation, many thanks in advance.
I don't see anything that's new news, unless we see another RNS with an update regarding next steps on how it's going to grow or something for shareholders to see where the futures is being directed then can't see it moving up short term IMHO.
Hi FN2187,
I'm not sure at the moment as need to hear more from the new bods as to exact future plans. Personaly I would be pleased to see it touching 4 to 4 1/2p over the long term.
Holding on to what I have and if I see a RNS that has +ve info then I'll top up.
AGM Friday so will be watching the price.
The fact that I know FN2187 is Star Wars reference made me chuckle...... ??
Hope this can break 1p and maintain, nice to see blue, maybe this stock is linked to the current weather, needs linking to something :-)
Nice indeed, welcomed start to the week.
Let's see if the positive direction can be maintained, a RNS with some good news (what ever shape that may take) would help support the momentum.
Afternoon all, noticed this today
https://www.linkedin.com/posts/locationsciences_alt-data-location-sciences-activity-6802581799282241537-MeAD
I feel your pain aerial. I've spent 2 1/2 years on this with just under 3 mil shares and 31k; however, I feel this could still be turned +ve if the history of the newbies stands true.
I've always found your comments and views pretty spot on especially with regards to the placement strategy in the past, they really fcuk the share price previously.
Let's hope we some change for the good over the next few days/weeks.
Have good weekend all
If I can kindly ask the group a quick question.
2,605,087,398 Ordinary shares will be in issue on the 25th, this is when the placement settles of which there were apprx 578,000,000 already existing/created shares.
Obviously there would be a dilution here as mentioned in previous messages so my question is what do we think will prevent the price from tanking from where it is or bring it up?
New contract news maybe or just the fact these well known names are in essentially in charge now?
Thanks in advance for any replies, much appreciated
If I'm honest I don't know where this is going. I'm chuffed to see the sp move up; however, based on recent news I can only think it's due to the names coming on board. It can't be because of the placing unless the markets has taken that in to account and decided the names coming on board carry more weight for the future.
To be fair nothing was happening so I'm OK as there's a little light on for the future now. I really want to see more news on the cash flow picking up with more contracts and the Bloomberg news needs to come to some fruition soon.
Otherwise this will bounce back down in price me thinks.... hope it doesn't
Blimey the chat has dried up, not that I added much but did enjoy reading everyone's opinion. Guess we're just waiting to see if any news comes out. I topped up 1/2 a yard a couple of days ago, I still believe the potential is still here, fingers crossed for the future on this one.