Member Info for Magpies1862

Remember.....
It is always darkest before the dawn !!
;-)
GLA

No need to panic just yet, Mr.Mainwaring......
There's plenty of 'Fergie time' left yet.....
;-)

BSB.......
If you need any more tramadol , let me know, the wife's got plenty to spare !!
I'm sticking with large doses of strong alcohol !!!
;-)
GLA

Altair IV....
Approx 16 light years from Earth !!!

..... waiting....waiting....

Still waiting..... waiting.... waiting....

MrG...
I'm still in the 'expecting' camp .....
Maybe the just 'hoping to get lucky' will come later in the year.....
;-)
GLA

Rumour has it ......
that he is off to have talks with Elon Musk about using his SpaceX system ...
to get Syme on the way to the moon, instead of Virgin Orbit's last attempt!!!
;-)
GLA

Mr.G...
Sit on the fence , why don'tcha.....
D*O*N*T*C*H*A

ToothFairy..."We are entering the final straight " !!!
Wrong.... don't you know that this is an endurance race, not a sprint....
..and we LTH haven't endured anything like enough yet !!!
Plenty of 'laps' still to go....
Stay tuned.....
;-)

The 19-1 dilution is set in stone as required by the FCA to approve the SoA.
The FCA expect a 95% dilution of existing holders in these situations as a standard.
The creation of 9bn(ish) new shares achieves that at a stroke.
Amgo has chosen to use these shares in an underwritten rights issue to raise £15m for the customer redress pot.(Again part of SoA).
At the same time it needs to raise another £35m (ish) from Institutional Investors to fund the new business , Amigo v2.0, going forward. The lack of an FCA fine helps that !!
That's it in a nutshell, I think.
;-)
For what it's worth though, the 'dilution' could end up being somewhat irrelevant, as nobody can predict for sure where the sp will be at year's end if Amgo v2.0 is up and running successfully!!!
GLA

"They're a much safer bet"....
So ppoppy , are you still regarding this as a gamble or an investment ??
I prefer to have a flutter over on William Hill but, invest on the LSE... !!!
;-)
GLA

Mr.Mr.....
I take it that that is a rhetorical question ??
If not, I reckon it's odds on that the next reply you get is very sarcastic !!!
;-)

Or, irrelevant when one of the top ten economies in the world has tens of thousands of it's population having to use food banks on a daily basis !!!
---------------------------------------
But luckily/ironically we can still afford to waste £10bn on HS2 !!!
;-)

From the horse's mouth....
===============
RNS of Fri, 23rd Sep 2022 07:31
Gary Jennison has affirmed to the Board the decision that he should step down from his role as CEO and as a Director.
=============
Gary will step down from these roles immediately but both Gary and the Board are keen to ensure an appropriate transition and he will continue to be employed by Amigo and supporting the business until the end of the year (31 December 2022).
=============
Gary Jennison said "I came out of retirement as I'm passionate about financial inclusion and believe that Amigo can play a positive role in addressing the clear gap that exists for many people who are excluded from mainstream finance. I'm very proud of how much we have achieved as a team through what has been an extremely challenging period. Given this progress, and as we look towards a capital raise, it feels the right juncture to hand over the baton as we move from turnaround to rebuild. With the approval of the Scheme of Arrangement the business can now move forward. The FCA has yet to approve our return to lending and we continue to work closely with the FCA to achieve this goal as soon as is practicable. Our new lending proposition, RewardRate, will be better for our customers than our products in the past. I wish both Danny and the company all the success for the future."
==========
Beware misinformation, either intentional or accidental !!
==========
GLA

Who is celebrating anyone's losses??
My investment in Syme is well underwater, the same as many others on here. !!!
But it doesn't mean I have lost my sense of humour, unlike some !!!
(& remember a loss isn't a loss until you actually sell or sell too early!!)
As for getting well..... never been better thanks....!!
You need to take a leaf out of Brian's book...
....>>> https://youtu.be/SJUhlRoBL8M <<<....
.....
GLALTH

Yes..the Special Military Operation WILL end....
Sanctions WILL ease...
SP WILL rise....
Ukraine WILL apply to rejoin the Soviet family...
Putin WILL be feted as a great leader & international statesman...
China WILL recognise Taiwan sovereignty...
North Korea WILL enter the Eurovision Song Contest....
Oh.. and pigs WILL fly !!!!
.....>>> https://youtu.be/ifLqzLEB3E0 <<<.....
;-)
GLA

Keeping asking the same question , phrased in a slightly different manner....
and expecting a different answer....
Is that not just another definition of "Madness" ???
;-) GLA

No, he died....
He's now dealing with his daughter, Manuella...
She owns a thriving pet shop business....
Wants to do an IM on her stock of parrots...
Norwegian Blue, I believe !!!
;-)

Don't want to worry you but....
I have heard through the grapevine that your VERY VERY reliable source ...
has been seen regularly 'on THE THE sauce',
and is usually in fact VERY VERY drunk!!
:-0
.....>>> https://youtu.be/18JmieM8SFc <<<.....
;-)