Member Info for Jigglepuff

Sorry JBarnum - you’re incorrect again.

The credit committee in every bank signs off every deal that happens.

That’s incorrect…..

A term sheet is the basics terms/structure of a deal subject to credit approval that is agreed between a bank and a (potential) borrower. Once that is agreed the bank then takes it it to its credit committee.

A credit approved term sheet is one that is signed off by the banks credit committee. At this point the bank then starts its due diligence process.

After DD, the deal is signed. Subject of course to there being nothing different that came out of the DD process.

Sharketmare - Im happy to admit to being a novice at this share stuff. If you’ve got a different view then please educate me :)

There is absolutely no good way of spinning this….Shareholders shafted - end of story.

RNS is full of warm words like “lots of term sheets from Main Street banks” which is all just a good spin on the fact that he is no where. If the placing was to raise the cash to pay NCM the loan off then it would have made sense and been more palatable.

The only saving grace may be that GG needs cash to stick in as equity to a bank deal and this placing with TriBeCa is effectively mezzanine finance, and if that was/is the case then the sensible, and right thing to do, would be to let shareholders know that in the RNS so the fact they haven’t points to the probability that that isn’t the case.

Shorts will get out easy at a big profit. and with SD’s background, and todays antics, that tells me that the chances are that SD has been in contact with the shorters since he first arrived and has helped them make this happen to try and curry favour in some way. All SD has done since he’s arrived is put out positive interviews with a view to missing shareholders into staying put.

I was a big advocate of Ggp for a long time and have stuck in there at the highs and the lows for 2 years but now I extremely disappointed. They have shown themselves to be just another aim stock that is out to screw the shareholders and line their own pockets. Shameful.

Does anyone know if the buy and sells values on LSE are actually accurate please?

Any idea what the shirt figures are at now?

Yeh we are screwed mate. The market will take the 50m value to value the company MCap which makes it 250m. Down we go tomorrow.

what makes you say that?

So the inference is that the shorters know/knew of this impending rebalance and have been playing this as a way to make money on their shorts?

MM's are playing with it. up 3% but the bid drops. lol

they dont even try and hide it. the sales are all multiples of 100,000 or 200,000, no odd/random numbers.

what i dont understand is why some days they let it jump 6% then drop it again.....

Seems to me they are trying to get this down into the 9’s now.

does anyone know the up to date short position from ortex please?

sorry i dont have ortex

HL now says 11.8

somebody knows something......stocks dont move like this for no reason

why would they sell and how is it good news they are in someone elses hands?

surely if they were in someone elses hands the share price would be the same as it was before they sold?

Constant sellers of 150k and 200k blocks going through every day…… *eye roll*

Fantastic interview. Shaun’s clearly a canny operator and the answers he gave were a massive nod to shareholders imv.

The fact he basically said he wants to buy more shares at this price but can’t also puts the mind at rest.

how do you know that bud?

not being sarky....genuine question

I admire your optimism hydro but this pattern has happened a lot the last few months so I wouldn’t count on it

Plus as the short has increased they clearly have a plan to rinse and repeat imv