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Can we clear this question up, as I'm slightly confused, and I think a lot of people are about what's actually being sold here.
We are not selling amc. You are not having your hates in amc bought off you.
This is the sale of a subsidiary company.
Amc could sell it, and keep the cash and give none to shareholders.
The only way we get csdh is by voting the sale through with the condition we get a csdh distribution.
Am I correct in that?
So as amc directors and shareholders, would you insist on them paying out all the gain, leaving the company with nothing to invest?
From where I'm standing, we will end up still with shares in amc, being paid a small sum per share each?
And then having shares in a company with zero assets to lift the share price in the future?
What's the situation?
Thisshareisfubar
I am getting real.
The sale is for a subsidiary.
They could sell it and pocket the cash in amc with no benefit paid out to shareholders.
So unless we vote to allow it and get some cash, which won't be anywhere near a distribution of 100m then why would we vote to sell?
The telegram thing is totally different. The same account predicted news last year.
To think the sudden appearance on adfn is the same person, is idiotic.
Why wouldn't they just post it in telegram again?
Some of you are hilarious.
I did consider that, and it would make sense.
The offer is ludicrous, so unless Robin builds something in, then it's going to be rejectsd by shareholders and he knows it.
So fingers crossed its an opening offer, or even better someone else takes the risk and the share price retates as we get a, share of profits.
I have a huge number of shares. Average is slightly over 7p.
So I'm looking for a better deal, but to suggest we are clueless is ridiculous.
What governs everyone's individual position is available cash.