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Purely speculating here, AMGO have 400 Employees, letās say 300 of them are in the know of whatās going on with JBās 1%, and half of them decide to Set up ISAs and buy as they have confidence of recovery. At the top end, some may well invest millions, and in the lower end maybe hundreds. Add this to other PIs and MIC/Institutional buys, it may help explain why the 1% sell is finding buyers, at least so far.
So rumour is MTRO are looking to acquire, (would we love to know who) but as the middle fish here, rumour is also they are a target for acquisition. Good mix of ownership from insiders, institutions and PIs, and none are jumping ship of late. Will be very interesting to see a TR1
JFH - Trump has many businesses in the UK, so doubt heād do that. I do however see a risk regarding any joint or sole ventures from China and there are a lot of Biotech / Pharmaceutical and Medical companies with such ventures including Lilly. Imagine worst case this would be based around Country of Origin as would And must be declare on labelling for FDA, Medical Products/Devices etc.
A tight spread (1.27% at time of writing this post) usually reflects a lot volume changing hands with a good balance of buyers vs sellers, but looking at the sold bought volumes buys are outweighing sells by a massive amount? Any ideas as to why?
@Bigsmoke - I share your view on this possibility. Either way good with me.
Thanks for the reply Rio, guess we will watch this one fade, unless by miracle a bid comes.
And we also have the guarantors whoās supported the application, āsure mate if you canāt make it I will!ā Donāt get how 49% overdrafts as OK and hit the poorest account holders, along with additional charges. So to a true story....
A friend who earned around 20K had a car on fire, but no savings or buffer, needed to buy a car to work while waiting over 6 months for his claim. He got a loan, then other cost hit, higher insurance etc, he took out another. Yes heās struggling, but heās paid the loan until reading he can claim. IMHO FCA are overly biased and allowing opportunity for almost everyone who had a top up, to claim difficulty in paying, I mean why would they need a top up if they had money. I hope for a more balanced approach as this moved to FOS, or JR. In the meantime AMGO will have to manage out of this or die. Is a big risk, but the upside is huge and there will always be people needing a loan.
Jimmy, if that had not happened many of us here would not have jumped into to the stock. I feel for those that were already holding before this, but sense there value under the old BoD would have slowly depleted anyway.
Nice - that will hopefully up the SP
Wow now thatās a prize 1st post from a self acclaimed successful bottom fisher
Seems itās amazingly quiet on this BB, considering the recent drops and mini bounces. Not just here but in general, I kinda expected to see more news re FCCN any one have credible links to share outside of RNS?
Iām not in TILS yet, been on my radar but I missed the recent jump. Looking at fundamentals, itās hard for me to ascertain a reason for another short term swing, outside of US listing, and potential split off, I see good value in the stock even after the jump, but as losses grow I donāt understand when this will turn to profit. Anyone shed any light for me?