RE: Other examples16 Sep 2020 23:10
SeaMus,
Regarding JB buying upto 29% of amgo @20p say median, that would be a monster Director purchase. We agree on that.
If JB wins the vote, this how I see share price VOLATILITY based on DATES we now know:
- 29th Sept - Dec End 20: could see SP rush to 40- 50p (considering we now know the value 93p -1.43p and news: new BOD’s settlement, cash pile, complaints resolve, old woodwork disposal, interim results, lending restarts.
- Dec-end - RNS JB FCA Approval - sp drops (like it does for ex div) near 20’s for a week. New Oppportunity to add again.
- Upon FCA approval: JB broker commences to buy /aquire full 29% - this could be rapid pacman approach over a few days.
- Jan - RNS - MAJOR SHAREHOLDER / AQUIRED 29%
- Jan ++ - sp huge rise back up from 20p to 60p++++