Member Info for Danosaur

Incorrect. Friars Walk hasn't opened since the original covid lockdown in 2020. They are still paying the lease, but because they have a larger multiplex within a couple of miles they have mothballed it for now.

How?
If someone wants to take a chance in a rare situation like this and have a few quid they are happy to lose. I would imagine they are old enough to make up their minds.
This is part and parcel of the market. No point in ignoring it.

Perhaps they have lots of money and they fancy a punt.
Why are people do having hissy's over people trying to catch a hot potato. It's a gamble that could pay very well.
YOLO

Was a Fiver last year. Maybe they decided it is too cheap.
Don't forget they very nearly went bust this year.
New people in charge now.
Pound shop has gone up to two pound.
Quite funny that you got edgy because prices have gone up. What was the point?

My nearest is Cwmbran. Never actually set foot in it because they used to sell out when a Fiver.
That's probably why they are now a tenner.
People thinking I have an agenda just for pointing this out are laughable.

Super saver seats??
Really??
Got visions of this mega bus tickets for £1

They were £5 last year. Not anymore here

I'm trying to book Railway Children for mid day next Tuesday FFS.

I'm on the Vue website now. No £5 seats to be found. Normal seats are 8.99 and 9.99

I'm an unlimited member and if you enjoy cinema it is the cheapest way to go.
Incidently, the Vue is the same price as Cineworld now.

Oh look who's back for some attention.

Cineworld near me were charging £9 per ticket. Vue a few miles down the road were charging £5. It was always full at the Vue. But the Vue had to refinance due to debt.

Not unless cine liquidate or AMC go in with a deal

Smartie06
"Once they file the shareholder will get nothing, no?"
Depends what is filed. A chapter 11 will not affect anything but the share price as far as I can see.
You have anything that says differently I would love to see it.

A few things I have learned about chapter 11 which are quite interesting.
It averages about a year.
Companies can still sell shares and bonds while in it.
Easy to see why Cineworld wanted to be floated in US. I wonder if they have a plan up their sleeve.

I hope if the shop floor people win a better deal, the office staff don't get the increase also.
Not sure I agree with the dividing tactic.

Thank you Rock8.
Not having the same system available in the UK would appear the problem.
But chapter 11 was mentioned with the WSJ news so you would have to believe there is something in it.
How they would protect the UK arm I don't know, but I have no doubt they will be looking at this.

Thank you WolfofWarks.
I have read that the business can still function as normal in Chapter 11. This includes the sale of shares and bonds.

34ads.
Not found anything that says "Chapter 11 is lenders becoming new shareholders.".
Not saying you're wrong, but if someone can point me to this, if it's the case, I would be grateful.

Been seeing a lot about "chapter 11" since this blew up. I thought it was similar to bankruptcy in the UK. Apparently it is nothing like it.
It seems designed to protect the company from being taken out of business by lenders.
So it can be used as a protective break to give the company time to sort it's finances.
Anybody know enough about this to explain it in more depth.