Member Info for Cineworld

4.23p is not 10p.

Haha. What's going to be 10p, not cineworld.

Not anymore, no increase

Now we just got a dead cat, gone stale, now slow drops and then dilution.

Heads it goes up, tails it goes down.

It's down again now. Close is soon.

US has recovered and currently up.

It's not a ramp ??????

If it hits 10p I will buy you a watch. £4 from the lucky lucky man.

Mooky will probably come out of this with a similar holding in the new company, shareholders won't.

There is no doubt cineworld will survive, but you're shares will be worthless. Its called very significant dilution. Its in the rns from mooky.

3.5-3.7p opening.

2 dreamers ??

US doesnt like the news

$0.041
16.12%
-0.0079 Today

Same happened to Leeds United fc.

They went into administration and yes they continued but all shareholders are wiped out, cost me 6 grand.

It's taught me a big lesson in trading.

Even if the lse continues to trade cineworld shares what price will they be when the US is suspended.
Too risky for me at 4p especially now they look like going for chapter 11. 2k punt at 2p maybe.

https://www.hollywoodreporter.com/business/business-news/cineworld-chapter-11-bankruptcy-filing-regal-1289208/

Ouch

My wife worked for ntl, she got made redundant.

US doesn't like it. UK will follow suit.

Dyor.

No way is that RNS good news.

Dyor. This is heading south.

Rampers live in there own world.

Would love to know why they think a chapter 11 is good and very significant dilution is a good thing lol.

As previously announced, it is expected that any de-leveraging transaction will result in very significant dilution of existing equity interests in the Group and there is no guarantee of any recovery for holders of existing equity interests.

It's all I needed to read.