Member Info for BaxtersSoup

HH, depends how he has registered the share - the 3% is per individual, so you could buy 2.99% Mr and the same Mrs and no need to RNS a TR1 is my thinking.

Actually, now time has passed and l have digested the news, l feel comfortable and optimistic with JB’s proposal and actually looking forward to next week. I think the SP will move up and l think the market will like it and add speculation to the mix.

I fully feel JB will get his own way which is in everyones best interests.

“ “In the near future I will be making a public proposal to the Amigo board for my return to the company,” he said on Twitter. “Depending on the board’s response I may call a shareholder vote.”

What can l say???
It looked like it was going bust and went sub 5p, then....
GC appointed, board shuffle, consolidated order book and hey presto we have a new reformed business.
Now bullish with 35p NAV target.
JB on board will take this to new heights as he gets his teeth in to expansion in the US and Europe outside of our overbearing FCA rules which has crippled so many loan firms.
GLA - new dawn for AMGO after crashing from £2.70 to 4.7p!

The key there is the NAV at 35p per share - surely the fair value target?

Shezer, no, no point made. Sentiment has changed and so has mine.

Yes, everything turned around and bought after GC on board and making real progress. Along with JB today, the worm has turned, the 1% RG sale is irrelevant now as compared to the daily volume. Yes my sentiment has changed (am l not allowed to?) and doubled my money sonce my buy last week.

Some positive press and this will Rocket.

Who seriously would not want JB at the helm when just look at what he achieved from knocking on doors in 2005!

If agreed and JB got his way I guess the selling would stop and would he then start accumulating?

JB built Amigo with £100 in to a £1.3bn company. I can think of nothing better than a great partnership between GC and JB to turn the ship around and get back on track.

I am all for it TBH - more detail needed though but this is a breath of fresh air to see JB back at Amigo with his blood and sweat truly in the game.

GLA

For the news not the warrants.

Developments and commercialisation.

I think this was just noise this afternoon so topped up.

GLA

Why would VAL not want the warrants to be exercised?

https://www.fool.co.uk/investing/2020/08/20/is-the-amigo-share-price-about-to-surge-back-above-50p/

Well it certainly looks like.

People selling to take warrants looking for higher levels - why take the warrants?

301 who knows and l guess 401 money is down to the equity firms.

BC201 looks exciting though!

GLA

Predominantly IMHO, the sales have been a mix of short term profit takers and warrant holders financing to pay for 13p warrants. If they do then great as they become holders to the medium - long term and VAL get a larger bank balance, so goes to the bottom line and dilution = cash so brilliant.

201 must be commercial as why continue? We would have an RNS saying we’ll shelve it like the other non-core products that the new BoD nipped in the bud to concentrate on the core.

As mentioned earlier, the client sample must have been difficult for 201 but the fact that we are getting analytics suggests a positive outcome whether mediocre or amazing.

Place your bets, make your choices.

Might seem like pie in the sky, but wouldn’t be surprised with good 201 news to push past £2 per share like recent events!

Just need to keep level footed and let the share price grow organically - buyers and then day trading profit takers. DO not want a spike personally but sustained growth. Remember selling out of ASOS and Fevertree too early and then boom.

Your possibly right! The 201 news plus anything else could spike this massively, but my feeling is we are just on the catch up to peers, plus some speculation of 201 results. l’d be very surprised to get a 201 deal straight away although the results over 40 psa could be immense.

Also 301 and 401 and BC201!

Very exciting!

GLA

This time of course its more advanced and commercial. Looking for +£1.50 per share and then the momentum might take it to dizzy heights.

I remember l think it was Dec 2018 that VAL increased 7 fold after positive 201 results. So a base price of anyway between 20-40p and boom!