Oiluser, lets hope they have the pmo live share price on screen in their office. While they hold their emergency meeting. I also hope they work very high up in their building.
Budgie - maybe best way is for PMO not to engage with them. Let them rot now. Nothing they can do. They deceived the market with non-disclosure - karma. They will have to make a decision soon though!
I would believe their statement, but to come out saying that whilst deceiving the market with the biggest short in European history - lol. Just think - they have it open still........
The only thing ARCM believed was they would get all pmo shareholder cash in their own greedy pockets. I hope there are huge job losses in their offices - scum.
NSTA - I am just trying to understand what ARMC can do to influence the refinance. Andyp posting gloom on ADVFN. The problem I have with reading his posts is why would someone spend all the time he does posting negatively.
Blades - its the risk the position adds - stops people buying and makes holders worried. The only question for me is can they stop PMO re-financing - I don't know. That is the only risk left (and the usual POO) here.
I don't blame SK for his view - been here 4 years with him and thought we were in the clear twice before. There is always something has to come out the woodwork and TD does nothing to assure investors.
I am going to bet that this will come good - very good. Just going to be a nervy time holding.
Pleb, i read his posts from today. He misses the fact completely that most companies have acceptable levels of debt and pmo is getting closer to that again. Loads of companies keep renegotiating. Can ARCM stop them and force closure? Andy saying 75% of votes needed to Refinance each portion of debt.
The company i work for was recently in the media regarding a court case. Almost nothing in the press was correct regarding the facts. All guesses and sensationalism.
RE: PMO's Last tweet (Just a reminder) not so long ago...5 Jan 2020 08:56
What if these aholes get a good enough chunk of the debt to break up pmo. Its possible. The last refinance taught us pmo has no clue or clout to deal with them. Granted this time the position and fundamentals are way better. Cant see arcm letting pmo refinance elsewhere. They know what they are doing is my concern. Im just shocked how they have been allowed to do it. Makes buying and selling shares more dangerous when rules dont apply to big players.