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Could it be a blue day?
Yeah, it’s stuck in a rut. ;o)
"Work to progress a new Scheme of Arrangement ('Scheme') continues, with ongoing engagement with both the Independent Customers' Committee ('ICC') and the Financial Conduct Authority ('FCA'). While progress has been slower than originally anticipated, it is critical that we listen to the voice of our customer, as represented by the ICC. On 28 September 2021, Amigo submitted a revised Scheme proposal, incorporating feedback from the ICC, along with its future business plan to the FCA and the ICC.
Ongoing engagement with both parties. ICC and FCA already knew what was going to be proposed in the revised submission. Would Amigo submit SOA2 if they thought there was a chance it wouldn’t be approved? Why bother? Reach an agreement where all parties are as happy as they can be, then submit for approval.
All fingers crossed here.
Don’t blame you IK. Only reason I’m holding still is that the first SOA would of gone through unopposed apart from the pressure from MP’s and the like. I believe that it will get passed this time but at what cost? Long bumpy road ahead me thinks.
Amigo paying back all their outstanding loans, BOD’s still drawing their huge salaries every month, why rush it? Starting to think we may be being shafted, royally!!
Things seem a little strained on here this lovely Autumnal morning. I’d prescribe a treatment of visual therapy, it does wonders.
Anyone up for a game of I SPY to pass the time?
Nice Stevie. I’m on to painting the double yellow lines on my street, doing my bit for the neighbourhood.
Any update would be nice, good or bad. Investor relations with this company are total horses**t.
Not me. Too busy watching walls.
I’d go for Gloss personally, takes that bit longer to dry. I have to admit though, things are starting to get slowly interesting again with Amigo.
And another day of guess what Clitnek?
Still paint watching.
Same as IK, it’s back to watching paint dry for me.
Should be an RNS.
Can’t remember what he said to be honest. Too many Groundhog days since then.
Looking like another battering today.
This share will be the death of me.
Extinction? The world will not turn fully green in our, or our children’s lifetimes. Fossil fuels will be around for longer than any of us.
How can you push Amigo in to administration when you authorise companies like Drafty to operate? Surely that would leave them open to all kinds of legal actions? Who knows……