Toger, there's no subtlety about it, I'm asking questions to gather facts together, to enable me to make a final decision about this share and my investment.
Amigo paid out £120m in complaints from March 2019 to March 2020, and its paid out £55.5m this year up to 30 September. How many more complaints can we expect, we've got £100 million aside?
Total assets of £757 million Total liabilities of 586 million Leaving net of 170 million So where do they get provisions of 150m and cash of 140m?, spending one or the other leaves practically no net assets.
Was the 1 billion goodwill impairment charge money they have set aside to lose or money they have already lost? Even if we half the current net assets that would be 3 billion equal market cap would be 800p per share.