amigo directors24 Aug 2020 16:10
I sold out this morning i didnt want to but it seemed the sensible thing to do i was in profit but got out with just a minor loss, time will prove me right,or wrong but this is a high risk/reward situation and to me its a bit to risky, but, i am keeping my eye on the situation however what i didnt like to hear in The statement that amigo announced was this, the board as it stands under GC are willing to agree to concede and pay out on a high numbers of claims when almost certainly a lot of them will prove to be falseified just like what happened with the banks 12 years ago.If this happens then i think the company would be done for. Whereby the founder jb is not and will fight or resist it, which seems to me to be potentialy a better option for shareholders should he ever succeed in getting back control. i would agree with one comment by someone earlier that the founder a very shrewd individual could well wait until the company is either on its knees and or the sp to be much lower before stepping in to take over.