I wonder..24 Jan 2022 08:50
.. if the RNS today was just to clear out the remaining court/FCA concerns. Especially the 2nd one, where the equity holders should lose their interests if creditors not paid in full. By bringing out the RNS, it puts that to rest.. implying that the equity holders will indeed lose all their interests (unless investing more). How legally binding is the 19-1 though? Amigo has a year to do the equity raise, but that of course could be less dilution depending on how much they wish to raise that way. The RNS could just be to get the new scheme through the courts. Otherwise.. the very large buys going through seem absolutely crazy! I'm still in, lowered my holding somewhat over the last year.. but still would be a hit if 19-1 is true. Good luck all.