Member Info for MadChatter

I think it's an rns for an individual class of bond holders.

From my limited Google translation it looks like an amendment to the voting rns. But fundamentally no difference to the outcome I think its only a regulatory notice of some small change.

Looks like sometimes the dog wags the tail with tase, and sometimes the tail wags the dog. Tase up 10% still.

The hot money is moving. It will be back before lunch imo.

It's tracked very closely the last few days. Wait for the jump here later

True value here. Up 27% Tase

I take it you guys have read the Google translate of the rns with the results? Vote increased to 83% I believe

This was near 19p on r1 r2 and mengo. A great result here.

That is correct, but they've already very strongly majority indicated they are not wanting the immediate repayment. This is just the final confirmation of that.

When you look through the accounts, yes there are debts but this business is operating with a gross margin around 30%, which is very high Imo.

Seeing how close we are tracking tase I'd say this will jump to 11p in next 15 mins.

Debt restructuring is a massive sign of faith in a company. Look at the mcap for this revenue, if they restructure they make it a whole lot easier to pay back.

Congrats Antha. You have an exit price in mind? You're definitely going to make a killing here with the amount you hold.

I'm impressed that tase is actually tracking pretty closely. Shows there must be decent volume on there proportionally

Just a reminder for anyone checking on TASE. The prices are 20 mins delayed.

OK, lol I see. So this is not news at all. It's just confirming the previous vote and what is happening today!

Unsurprisingly they voted the same way. Game on!

https://info.tase.co.il/Eng/General/Company/Pages/companyMainData.aspx?subDataType=0&companyID=002280&shareID=01131697 Remember to multiply by 21% to get it back to £

I see. So basically if the bondholders talk amongst themselves after, they could be buying shares (or selling) all day.

This first vote is just agreeing the agenda for the day. The actual important vote is 2pm UK time.