RE: We finished up yesterday and if not....29 Mar 2020 12:06
So there is a podcast due “before the end of the month”, that means tomorrow or Tuesday. I see no point in delivering a podcast unless there is substantial news and progress to report and that GS feels this news/progress needs and deserves a fuller explanation than can be delivered via RNS.
However by Law an RNS must be issued to disclose any market sensitive information so that everyone receives that information at the same time, therefore an RNS must come before the podcast.
I firmly believe that there will be an RNS at 7am tomorrow followed by the podcast on Monday or Tuesday and that these will give us the long awaited news of the Revolving Credit facility, of the value of the assets now under management in BOAGF (I’m hopeful that this will be $25-50 million but, in the light of the current Covid-19 situation and GS saying that they have been very, very busy, could be a lot more) and possibly, though IMO unlikely, substantial detail of other future income streams.