RE: Take the Plunge25 Feb 2018 21:23
Very Good Analogy from Chartist.
3) Please note MCap was running at �4 to 4.5Billion for a good 18 Month / 2 year prior to the Self Destruction (Still remains largely Unexplained as you don't turn HC from �110m Profit / Annum last 10 years into -�110m loss in 2017. Believe me impossible / and only points towards mis accounting for a number of years ? Watch this space ..).
5) I really think the �500m is on the High side / but can be done AND JUSTIFIED on 2 KEY CONDITIONS
A / That a sweep of Boards so to speak Yes..
B / That they actually DELIVER a PLAN and possibly modernise ( I have eluded to this before ) the delivery of Cash to it's Customers ( possibly lower APR and multiple Options re Cust Choice - thus attracting a niche Market and moving sideways away from Prehistoric HC.
It will play out. One thing is certain Woodford (�1Billion Invested) and Invesco (�1Billion Invested) and the Germans basically run the Company so it will go their way. They have done for some time so something has to give..
We shall soon find out ...