Member Info for kingivor

Market will take up the subscription shares today imo. In for some. Should settle over 10/ comfortably

*dilutions

Interesting asset.
Not invested yet but might take a position today.
Minimal solutions a big plus.
Transparency on site progress lacking a negative.
Short of funds to complete ops suggest they may may have third party interest and the bfs wont be neccesary.

Absence any holdings rns' the only alternative conclusion is a naked short being closed to zero to match the reduction of Richmond.
The scramble for votes should commence very shortly

7.66% by cop today.
Easy shares starting to run very thin.
Exciting few weeks ahead.

Good point itsagame. JB will look a bit daft if they deny the vote on legalities.

Have raised this previously. Worth looking at the articles of association a poll vote requires 10%

Dont expect the sp to rocket next week as some PB subscribers cash in 10% profit but after that we should move strongly upwards with reduced liquidity.

"This vote, like the last one, should be win/win for shareholders. If I lose it will be because the board have made concessions which make shareholders comfortable that Amigo will be worth more than 20p in the future"

They haven't publically rejected the new proposal yet. Just maybe he has a major holder on board applying pressure. New chairman next?

If Provident were to have an open buy order in place through to Richmond finishing selling would they need to declare as they accumulate.?
If possible it would clearly not be in their interests to declare.

Agree itsagame...pi's cannot get him over the winning line. He needs one or more of the major institutions on board. Maybe he has a commitment already.

Maverick -agree. I support his operational and strategic vision but he should have significant skin in the game well ahead of the vote. His offer is predicated on him winning and being approved.

The short will close over the next 8 sessions and then true market supply/demand dynamics will apply. They stacked the sell side in auction this morning twice and traders followed suit but the momentum is with us.

Pension
It's likely HL are brokering a significant short lent by one of the institutions. Imho.

Now for some SB

Thanks.
Clearly the share price trend is upwards now as Richmonds stake falls away to zero and there is obviously a matched buyer(s) in the market. Maybe that's why the share trades have been split recently to stay under 10%? With supply under severe stress as we move ever closer to the vote I expect JB' offer will look way to low.

I would like to see him commit to buying up 5-10% of the stock in advance and share the risk.

Will hold till the vote (for JB) and review after.

Highly likely the close of play purchases were Glens. Will see on Tuesday.

JB: "We are relying on the overwhelming support I have received from private investors and shareholding members of the Amigo founding team to pass these resolutions. "

Anyone know who comprised the founding team?

The only alternative is an off shore vehicle with complete disregard to the lse rules of disclosure.

16 companies all under 3%
Clever chap