George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
'better to have something than nothing' terrible advice for any investor... There is at least one more play with this share, that's what the judge said - we couldn't prove that insolvency was the only option, so it's not 100% dead whichever way you look at it.
Blueskyboy, i don't know prolee but i doubt he knows more than you or I, so why listen to him.
I can't see any other option to SOA2. Otherwise what is the customer committee for? There should be reference to this in the results so not long to wait. I'll hold onto my paper loss for now, and buy more if prolee gets her 3p
His LinkedIn say he's also a Business Mentor for The Prince's Trust. I like the fact that his personal wealth and reputation is on the line.
The upcoming results will state that we are not a going concern, insolvency will high on the list of potential outcomes until we find the solution. We just need to hold on tight.
Atrades, I thought he'd lied to customers too, but it's the process you have to go through... You have to say the only option is insolvency to get the SOA. In court they didn't do a good enough job of proving that.
GJ will appeal to prove insolvency before he actually does it. There has to be one more twist, this can't be it.
We'll either do a better job of proving we're insolvent (that's part of the game, we have to say that to get an SOA) and get a scheme or we'll find another route.
I can't see GJ giving up, he seems to proud for that. He'll be back.
The herd are usually wrong so the quieter this board is the better, but good luck to those that are leaving
The judge doesn't think there is an immediate risk of insolvency... So hopefully his actions won't put us there.
I can't believe we've gone into this without a trump card of some sort. Having come this far, can we really fall at the final hurdle.
We must have had a plan b... 25p in the £1... no need for another vote as it's a better deal. Everyone wins.
I've worked Wessley out... He's got an amigo loan and he's just spent his wedge down Bill Hills. If you couldn't afford the loan you should have taken it out!
Betting against shares which are on the risers list in a recovering economy is a terrible idea! Fool
Terrible advice Wessley. Anyone following you will have a headache.
I topped up at 24p.,couldn't believe my luck... and blew my load early like usual.
It's good that the market has no clue of Amigo's value, it makes for a volatile environment which everyone can benefit from! I'm guessing this was the last chance to get in on the cheap.
Can't quite believe we've broken 20p, and with ease! I've tipped Amigo to everyone who will listen to me, so thankfully we're now in this position. Just one last hurdle then we'll all be celebrating in the winners enclosure!!
Mr Magic, another ramper here. A recent RNS stated that bookings for 2022 are already ahead of pre-pandemic 2019. You can talk all you like about the share falling from £18 blah blah, this is a no-brainer long term. It was £30 per share before March 2020. It makes a profit year-on-year under normal circumstances and with £9.5bn in the bank at year-end we'll weather the covid storm.
New or old LOOK, Ted's still a far better share at this time. I can see the car market shrinking post covid, as the old commuter works from home. Most people will have more saving than ever if they haven't done up the garden, so a premium brand and product like Ted should profit from an expanding customer base. Less competition the high street too.
My tip to you would be to move all your money from Lookers into Ted. Lookers has already recovered to pre-pandemic levels and it only makes 1% profit, plus dividends(?) which isn't good enough for me. Huge upside with Ted like you say. The only issue with spotting opportunities on the top risers list is that you're always late to the party, but better late than never i suppose.
It's been a rollercoaster since last summer. Can't believe we've nearly made it. This is still the best opportunity on market so I'd imagine interest will soar now we have official approval. Customers from 2005 onwards will vote yes for a refund from a loan they've forgotten about.
The only question that needs answering is what's your sell price 35p/50p/£1/£2. All should be easily achievable in the next few years.
Looking forwarding to receiving my first amigo dividend. Lovely jubbly
Fortunately the entire world is working towards a goal which will benefit RR. Countries are actively making arrangements to allow for tourism and those in the Mediterranean especially cannot go another summer without custom, they have to open their doors, they need bums on plane seats. There has to be a summer this year, there is no other option and the vaccine roll-out with fix this. Boris will have 90,000 people in Wembley in early July so a plane full of vaccinated paying customers will not be a problem.