Member Info for cornishpixie

Pun intended I presume ;)
Looking at noise coming out of government, certainly seems to signal a move away from testing, although that may change again if covid continues to rise with further easing of restrictions.
I think that airlines and international travel will be a bigger better market, perhaps goes some way to explaining why still not sold anything, as this will require a high quality validated test

I agree - I filtered him a long time ago

In hindsight, the most entertaining thread of the day.....

No thanks
The more you post the less believable you are

Welcome to LSE!

The only positive I take from today is that my shares are already so worthless that another 20% drop doesn't really make them worth much less

Pretty sure this has been discussed before; AJ Bell do it

This is absolutely pathetic
My only hope is that you are all in the same boiler room, and this is some light relief at the end of a long day

@Joker: that's just plain ******.
You work for someone, and don't like the way they treat you.
You then link that to the colour of their skin and/or cultural background.
Ignorant prejudice.

Optimistically, that's the way I am viewing it, taking the RNS at face value, ie they need the funds to develop the business and close deals, not to keep the lights on. Placings that are earnings accretive are generally to be welcomed in the medium term, even if SP suffers in short term.
Of course, only time will tell whether this does turn out to be the case.
I've applied to increase my holding via Primary Bid, but kept some funds back in case price does fall below pricing price.

Neither the judge nor the FCA believed the assertion by BOD that the inevitable consequence of refusing the SOA was administration and insolvency. They saw it as a bluff and called it. Amigo in court offered nothing to back-up their assertion, as far as I can tell. ISAInvestor's transcripts suggested judge deeply unimpressed by lack of evidence to back-up the assertion.
The next few days or weeks will tell us whether it was a bluff or not. Presumably most who still hold (like me) think it likely that in fact the BOD will come up with another, improved, offer - in which case we just have to see the events so far as business negotiation. Whether the FCA have an interest in making AMIGO insolvent to make a point or fulfil an aim to remove lenders like Amigo, none of us know; but it isn't in anyone else's interests for this to happen.
We all knew this was a risky investment - personally I don't see it as significantly riskier than it was a few months ago, perhaps less. But the risk is not zero; and the likely short term reward is less than it was a couple of weeks ago.

...chats on LSE: what's going on?
First time I can remember us being out of top 5. And there's not even much else going on.
Come on chaps and chappesses keep up the flow

Quote to buy AJB 11.4 - hesitated - next qote 12.4

What's changed is we have had our day in court, and lots of people felt it didn't go too well.
Certainly wasn't the rubber stamping many were expecting based on vote and the binary choice presented by Amigo
As per other posts, I'm holding and think will all work out fine - but truth is none us us know:
1. what judge will decide
2. if SOA not passed what bond holders will do
This is still a risky share - risk seemed to be declining until FCA played their late card. Risk vs reward.
Lloyds are climbing slow and steady if you prefer that
If SOA approved reward likely to be high

something tells me that there were probably rather fewer shares in issue in 2015-16.
MCap is what you need to compare

Truly a Gonads of Steel day tomorrow
For those that are less heavily invested this is like a modern twist on a classic from Greek mythology.
For those heavily invested, I wish that fortune smiles on you if not tomorrow then in the days and weeks to come.
FWIW I think highly unlikely Amigo will go bust; lots of brinksmanship but really in no-one's interests for that to happen.
Board have skin in the game, offered all of us some reassurance.
Bring on tomorrow

which part of the gov.uk site?
thanks

surely it has to be Jason?

Seems unlikely to be the easy win / shoe-in many predicted
Sounds like the FCA lawyer turned up in style and picked holes in Amigo's case. FCA may have played a bit of a blinder
Probably going to need to come up with a new offer
But in no-one's interests for Amigo to fold

JHFH: where have you registered for placings? Is it with Peterhouse? And do you have to be a reasonably high net worth individual?