RE: Special Dividend why?11 Feb 2021 15:43
Where is the cash to do such a thing?
All that Loan portfolio was matched up to deposits or are we forgetting how banking works? Literally only the profit on the sale is in cash and that’s all being used to repay loan (thanks guys) and keeping within the req’s.
Some of you guys are utterly delusional, this company doesn’t turn a profit and you want it to give out money it doesn’t have or think it’s capable of that? The reason nobody is after a take over is because it doesn’t make money.. there is nothing. To take over, I mean they bought the loan book so why take over the rest of the stuff?
Also why would a 500p share price (not happening) make someone more inclined to take it over?? Why would they be interested at 3x the share price when they don’t want it now...
MTRO is trying to survive it isn’t thriving... absolutely delusional garbage.. honestly someone show me where the take over plot is and who is gonna buy it?