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Even if the government are stupid enough to pour £200 million in to tcg, shareholders will still be diluted out of existence.
There is no good outcome for shareholders
In the Times, “more likely than not to enter administration”
A sad day indeed, but nothing to do with shorters, they didn’t rack up billions in debt and hire incompetent managers/Directors. Sorry too to anyone who looses money if admin does happen, but there have been plenty of warnings from the company and in the press and plenty on here saying salvage what you can, so anyone with money left in here now only have themselves to blame if it collapses.
Get carried away with the hype if you want, but adding London at the end of the month is not exactly big news is it? Just don’t ask awkward questions like how many covers do they need to sell every single Dayton make a profit and justify the market cap (its a scary number)
You are right, it’s been said before many times. Wonder WHY they keep saying it? Could that be because they expect shareholders to be diluted to almost zero or to be at significant risk of loosing all their money I wonder? It’s not like they are saying there is a small chance that shareholders will get a 10 bagger is it? At some point that will sink in.
The only clown here is the one that does not understand that brokers forward sell placing shares knowing that they can replace them with cheaper shares when the placing lands. its easy money and PI’s are always the ones left holding the baby.
Mate, shareholders here loose whatever the outcome. But don’t be too despondent as the message was delivered by the pair of smiling assassins telling you what a brilliant job they are doing, indeed they were almost laughing when they said shareholders would be wiped out. Personally I will never book a holiday with TCG if by some miracle they do survive.
Hard to believe that this got fluffed up to a market cap of over £120 million. Well done anyone who cashed out then.
Lol art123, taking longer than expected LMFAO. These guys are asleep at the wheel.
This is not the next Uber/google/Facebook/amazon
It’s a couple of chancers with a crappy app and no drive trying to spin it up into a frenzy. Well it looks like the market is catching on quickly
It’s the next Spotify/amazon/facebook/google/Netflix/overhyped piece of fluff
*delete as appropriate
Is it at 6p yet?