Member Info for FigTreeHarry

Can’t see prices...

Spot on if you are right mate.
I knew they would buy, and GC grenade was intentional to bring the sp down so that his BOD’s could buy in.
Enough said.
Who do you trust now....

If that happens DNP, the sp will rise substantially, especially if there is no vote required.
Sp can shift fast on low liquidity as well as liquidity. MM’s seem to be in control.

Interesting to know
if 2.5m buys in the price are short buy backs?
10.5m sells this morning, but If you take JB’s 4,750 000 out of the sell volume.
There are naturally more buyers.
A Shift is taken place.

Everybody wants ro be invested in a cash rich Company, good gfunding, liquidity and makes cash every month. Amigo mde a profit in Q1 despite giving holiday payments to 47,000?!! Nd no lending. Seriously absurd in COVID PERIOD.

The Major interest towards the company is just the begining...Guaranteed 20p short term.
Lots to look forward Brucy as AMIGO is turning the corner.

Thanks Franky,
One thing is sure once they put out their side of the story, if they do.
Changes in BOD will happen.

3 new BOD since July/Aug 2020
- Glen Crawshaw (CEO Exec)
- Jonathan Roe, (New Chairman designate)
- Gary Jennison (Non-Exec Director
/Chair of Risk Committee)
- 1 new appointment NExec TBC

2 Old BOD’s - Resignations TBC. - Whatever the vote these guys will dor the best interest of AMIGO and its shareholders. The reason they did not leave in June is purely because the LSE/FCA (one or the other) dictates 4 Directors must be on board at all times. Go they will though. Work and progress will continue.
- Roger Lovering - (Acting Chairman)
- CFO - Nayar Exec

MirGoat,
The rule is within 3 days.

Sorry, double posts. (Lse..)

JB tweeted yesterday:

My favourite responses to RG’s irrevocable orders:

“But why are they still selling to 0 now that X has happened?”

“Why should we believe that they will actually buy 29%?”

Also:
“Are you planning to cancel your irrevocable order if...”

I’d say he know what he’s doing:)

JB latest tweet from yesterday:

JB:
My favourite responses to RG’s irrevocable orders:

“But why are they still selling to 0 now that X has happened?”

“Why should we believe that they will actually buy 29%?”

Also:
“Are you planning to cancel your irrevocable order if...”

5% usually. Although i have heard 3%. Not sure what applies to RGROUP however. Rule could be different.

4.7m is becoming chicken feed...

Good Morning Los Amigo’s.

MM’ have raised spread to 6.7% - they need traders to sell.
There are huge buyers looking to increase their % holdsings for amigo this month.
Public information.

12 splats of green on BB.A firm signal to add tomorrow.Game of LoansLet the game proceed...

Spot on Baxter.
The other-side of September is not a bad sight.

GCN,

Private investors v Sharholding group of amigo founding group

Note - James refers to “private investors” and “shareholders refering to shareholding members of the amigo founding team” - Thus seperating the 2 distinctive groups in his tweets and plan time and time again.

Where he wrote:
“Shareholders are overwhelmingly in favour of his plan put forward”
JB is referring to larger shareholders of the founding members

In the plan he wrote:
Glen knew that “shareholders” were overwhelmingly in favour of the plan I put forward last Friday, and of having me installed to oversee it and ensure transparency along the way.

He later wrote:
We are relying on the overwhelming support I have received from “private investors” and “shareholding members of the Amigo founding team” to pass these resolution.

Seperates the 2 groups.

Unregulated - thats the Govt issue not JB’s.

CFO said he was not aware of anybuilding a stake, and if they were they should report as rule states.
Well yes Nayar, works both ways. (Deep breath figgy...ok)

This is how I see state of play in my own head:
There will be less Shares on market soon and that will happen.
If the sp runs upto 20p at “close of business”, the next day it will “breakout” as per charts indicate.
If it settles upto 30p - who takes the ownership for this rise?
MM’S - pressure on demand for stock?
AMIGO BOD on Director buys? IF no Director buys?
AMIGO - RE-RATE?
JB - Positive vote for JB?

JB will certainly notice rise and realise, why should anyone vote for him if sp is 30p?
He will increase his offer to 26p, which is likely to entice investors.
To back JB @26p sp.

(All in my own head, no advice)

Gents,
He’s mentioned the term RG stakeholders or shareholders. That indicates more than just himself. Possibly ?

(Somewhere in the Tweets)..

GCN,
Lots of buying, the buying has been gradually increasing with MM’s having to hold the bid down for hrs just to increase their books. The pressure started last week.

It is going to get worse for them.
JB can always revise his offer of 20p to 26p.
No rule against that. You see this all the time. Revised offers.

I cant stand the adverts on LSE chat. Amigo loans would be funny and ok though, garlic for derampers:)) hahaha..

Frankie,
Try to think like an MM next few weeks.

Volatility Increases as liquidity dries up.
Whichever camp : ALL VOTERS /Investors have to BUY, BUY and HOLD in order to vote - Correct?

Research this:
On April 30th 2020 - AMIGO sp opened at 20.3p and finished at 30p (touched 32p) in a single day! + 38%
On small Volume - 2.5m