Member Info for itisagame

What about some chairman buys?

filled your next order Glen?

Just for a fishing trip.

I saw the volume jump 5m for a second I think that might be JB sale flushed Through already, that or another chunky buyer ?

they joined forced to buy one share.

Mate are ya Struggling with your rent? put ya stubbie down n get ya bogan ass in ya ute this arvo and get to Roo Money, ya cobber can be ya guarantor

Shame they didnt offer shareholders the shell route in exchange for converting their debts and taking it private, ie a bit like MTFB and hercules.

dont get many chances to buy 1.5% of a company in the open market at close to all time lows.

JB can only sell once.

last time i enquired about what body parts i can sell to raise capital to buy shares the surgeon replied " Your Nuts"
after that insult i walked out.

Interesting i was wondering about Miton, they sell at the drop of a pin on a "going concern" rns. if that is the case should get their TR1 at some point too.

https://www.legislation.gov.uk/ukpga/2006/46/part/13/chapter/3/crossheading/calling-meetings

Another small detail, as a 5%+ shareholder he can request to call a vote for resolutions.

Looks like great timing Yuri.

Good job Glen, buy them while they are cheap

Calamari s assessment today is 100% correct.
These issues are part of the reasons why the company is priced at £30m instead of £1.3b, if the company can resolve (or as the company resolves them) the price should reflect this and The sky is the limit.

Until then, the company has a lot of work to do and JB has ~30% (maybe ~20% if he stays at 10%) to offload which will be gone before long.

It’s a 3 week extension and no doubt it’s been done so the new chairman (to be) and the team can decide what they are actually doing.

Yes it’s positive (any extensions to financing agreements that don’t cost extra cash normally are) but It hasn’t solved the issue, only delayed the decision.
The company Still needs Access to more cash to enable it to loan out enough to turn the company around, And the board need to decide what they are doing.

Good news but Not the news that we are waiting for. (FOS JR initiation or new finance facility completion)

Can’t remember but Wasn’t it only about £60m they had drawn down on the facility anyway?

They have a lending facility that’s due to be renewed, if they don’t renew it the funds drawn down from it will amortise (have to be paid back over a period) on the terms they agreed.

And the cash part just reiterating that they had £135m in cash at the end of last month.

53% water cut on 7z?

JB is answering people on twitter again.

“ Amigo employed an applications team of over 100 people to check and assess the numbers provided by customers. Wherever possible these numbers were verified electronically. The checks and assessment methods used were studied by the FCA before authorisation & during the 166 report.”

“ But some things cannot be checked. If someone says that they live with their parents and pay no rent, but later claim that they had lied and actually do pay rent to their parents, neither of those are easy to verify where you cannot trust anyone’s word.”

“ Fewer that 30% of borrowers who went through the Affordability assessment process were paid out.

It is clear from FCA regulation that lenders should make reasonable checks to ensure borrowers can afford repayments.

Amigo’s checks went far beyond what was considered reasonable.”

Maybe it’s one of the first things on his to do list when he starts in Aug.