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Good point hopin.. you are correct on the fund raising amount

Sure it would rise to that.. it was at 30p on the hope of a pass, so it would bounce to that on news of a pass with a secured placing.

It isn't anything to do with purchase price and wanting to escape simply the fact that 30p was the last realistic value per share when we all believed the SOA was going to pass so 30p is a realistic placing price if and only if done upon a SOA being passed.

I still think the logic and justifications are sound tbh I have nothing I have read says otherwise.

Agreed with Mark as well it is all only if the FCA agree upon these conditions and the judge signing off on it that the placing goes ahead.

Anyone not putting in money is diluted by 1 third but gains 200% to off set against it.

sorry a 1 - 3 placing at 30p not 1-1

Raises money, secures the future, subscribers hold current 10p purchase value and gain from the instant jump in share price. Total raised.. an extra 10 million in essence at zero cost to share holders even if they put in money.

Everyone thinking of "placing" as a bad thing.. if it is done at a higher level ie 30p to secure the future of Amgo then it will pass and is not an issue..

People would subscribe to a guarenteed amigo placing as the price would instantly jump to 30p + as the company would be secure and you could not buy below the 30p on the open market.

ie a RI at 30p of 1-1 would dilute anyone not willing to put money in but also they will profit from current holdings to equal the value by 200%

Johno.. a placing doesn't impact bond holders only PIs..

... all or nothing... bitcoin is the world... going all in..

next stop.. remortgage the house ...

I AM NOT going to lose my money!!!!!

ARB £5 by next week! Bitcoin £200k by year end.

.. just practicing! :)

now for my next prediction... Amigo £1.. FCA 0

Kidding FCA scum you don't deserve 0 ... you deserve to pay compensation for being so crap at your job!

Thaw, 100% agree with you.

No extension would have been the death nail in the coffin.

The reduced amount shows the FCA that if they do continue down this route they will collapse and working on a deal is the best way for all involved.

"May you live in interesting times"... I could never figure out if that was a curse or a blessing! Now, with covid and Amigo.. I see it was a curse all along.

Good luck Radika..

If I sell all my shares I can now get a coach halfway to the Thames lol :)

thats about the amount of shares I purchased in cash value at 29p... so it is just a single pi like me perhaps. I did mention it to a coworker today.. probably nothing more than him buying in.

That isn't strong buying basically.

no not even £30!! it is $ !!!

come on people.. lets find something better to ramp not a handful of spare change.. get some more Elon ramps going.. so more worthy stuff....

I need to get the price higher so I can sell out again without my losses!

pmsl ... excited by £30 lol that is funny..

Funny Bryn.. the FCA will give a letter then suddenly say.. oops didn't mean that. They won't accept anything other than 100% share holder wipe out even at these levels.

Lesson learned with those scummy snakes.. once bitten twice shy.. no way people will believe them any more and if they do it is because they are idiots and do not understand what the scum at the FCA did the last time around.

Anyone buying in needs to accept that the FCA will wipe them out AGAIN.. via dilution or via bankruptcy.

They are spawn of satan

I hope they have their solicitor there and ours as well

Bitcoin Tests the Diamond-Handed
Trading crypto is kind of like going to the Redneck Rave. It’s crazy-fun for a while, but every now and then you get impaled by a log.

After soaring 500% in 2020 and the first half of 2021, Bitcoin has collapsed 50% in two months. It recently suffered the dreaded Death Cross, which technical analysts consider a far worse omen than the Spider Eye, a signal I may or may not have just made up. Either way, it’s bad and suggests the coin could lose half its value again, because reasons. Nothing really makes sense with an asset jumpier than the Blue Holler Offroad Park after sundown.

And with overnight Dogecoin millionaires turning back into overnight Dogecoin thousandaires, the FOMO that has fueled so much of Bitcoin’s rise has lost its sting, notes Lionel Laurent. Governments are giving Bitcoin the stink eye, and so is Elon Musk. Bitcoins are disappearing mysteriously. All the “fundamental” excuses for gambling on crypto — It’s a store of value! The dollar is dying! — keep collapsing one by one. Bitcoin will surely bounce back, like an overturned ATV in a mudhole. But watch for Death Crosses and impaling logs along the way.

https://www.bloomberg.com/news/articles/2021-06-22/bitcoin-drops-below-30-000-for-first-time-since-january

Who said this is going to 7,000? it is lies.. £600k a bit coin by end of the year!

PFG rejected the offer as it was less attractive financially than managing the run-off of the division itself. CCD has applied to rescind its permission to issue loans and the FCA has accepted this application, which means PPC can no longer issue loans. CCD is also continuing with its consultation process for colleagues. As CCD continues to collect out its loan book, colleagues will be leaving the division from July onwards, with the plan to close CCD by 2022.

I went all in because you said it wont fall to 33k !!! now I am sat on a big loss!

Wish I never listened to you! I said it would easily be 33k and ARB would go down to 60p or so as people sell out after making huge profits. NOOOO you said.. so mad at myself for getting sucked into your ramp

can I borrow 20k Magpies..? I have an inside tip on a footy game and some Amigo shares.. they are a shoe in.

What do you all find to chat about really? there isn't anything until the next RNS comes out unless the action group posts some new letter they have sent off.

Anything else is just a waste of time. You lot need a job lol

(just playing).. some of you are trolls and get 5p a post lol

Anyway still holding and topping up when I get a few hundred quid.

GL to all holders