RE: In my opinion SYME will explode within the next few months9 Jun 2021 21:38
Myrrh.... In that case, lets just hope that the first cargo of inventory that is securitised isn't Trinitrotoluene or Nitroglycerine !! ;-)) ...........https://youtu.be/NcCXru3ZtOA ............
The consensus seems to be that the FCA wants to see shareholders take some of the pain of the SOA .... but a rights issue at these levels is difficult. What if Amigo were to issue 100/200 million new shares,(as part of SOA2), these being held ring-fenced for future compo pot... once the FCA agrees to SOA2 the sp will recover sufficiently to enable the ring-fenced shares to be used in a future rights issue at said higher sp , with all proceeds going into the compo pot as cash !! Comments please... would this be possible or a non-starter ???
Sh##erising .......... "I am tempted to buy a dip tomorrow ..." Well you will have plenty of options...... no shortage of 'dips' on here ...!!! .. ;-))
Stormy.... Not quite... There will be approx 81million 'new shares' in BVX..... Motif theoretically paying £6 mil for BVX (in shares).... Placing of new shares raises £10 mil cash for new company.... They reckon this gives BVX a value of £16mil divide by 81mil shares equals 20p share price !!! QED
Senator .... ... I hope that you are in contact with the main protagonists in this standoff... we really do need someone who actually knows what they're talking about to liaise with the FCA and the BOD !! ..... you get my vote... ..........Good Luck........
Hi all.... anyone know if this info is being made available on other forums ???
..... As voting now available on HL it may also be on other brokers.... so everyone check your online accounts for corporate actions !!! But need to be quick as there is a noon tomorrow 9th June deadline......... GLA
Rosie.... "Trifle was being sarcastic!" I know .... but there are an awful lot of gullible people out there that can't see the wood for the trees!!! ;-)) GLA P.S..... As voting now available on HL it may also be on other brokers.... so everyone check your online accounts for corporate actions !!! But need to be quick as there is a noon tomorrow 9th June deadline.........
""If the deal is as good as the broker was telling JW on vox and the vote is yes we’ll all be millionaires within a few months anyway.""
Trifle...... Remember the saying.... " If something seems TOO GOOD to be true, then it probably is TOO GOOD to be TRUE!!" That is still as valid today as it was in the days of the South Sea Bubble !!! ;-)) GLA
Trifle... there are no large institutional holders according to the Motif website... so the vast majority is in the hands of small pi's ... voting NO could make a difference for once !!.... get your votes in ... :-)) phone or message your broker with clear instructions !!! GLA
TangoLimaCharlie..... If that's the case, then get used to the ups & downs as every single share that has ever been, or will be , has them , albeit some are more "rollercoaster" than others !! Hold tight......
TangoLimaCharlie..... "I’m bored of the ups and downs now to be honest." !!! Well in that case why not just sell up and buy Premium Bonds ?? ;-)) GolfLimaAlpha
A company whose business is dealing with money day in day out, surely has the nous to be able to employ some "creative accountancy" to improve the initial compo pot and increase the ongoing cut of profits (c.25%) to facilitate Amigo 2.0. As for no shareholder pain... well what about the cut of profits, meaning no dividends and a dampened share price for the forseeable future until all redress claims are paid. Hopefully Mr.Jennison has told his guys to pull their finger out and SORT it !!! GLA
RE: Serious and relevant SYME Chat4 Jun 2021 00:08
Oi, Guv.... If you find the "banter" on here so dull and boring and beneath you.... off you pop to FB and I hope you enjoy massaging each others todgers ( ooops..sorry, Ego's );-)) Meanwhile we mere mortals over here will continue the BANTER !!! GLA Frivolous Irrelevants
Seeing as Amigo's first attempt at an SOA was turned down by the High Court as "unfair" to it's customers, I see as only right and proper that Motif 's first 'consolidation offer' is voted down as it is patently clear it is "unfair" to Motif Shareholders. (1:40 would equal pre-suspension sp and maybe give LTH an incentive to hold and invest in the new company..... or is that just wishful thinking ??) ;-)) GLA
.. "the incompetence of the Amigo side was staggering. A scandal. I don't trust any of them, all incompetent fools running around like headless chickens."
Senny .... wish you would stop beating about the bush and just say what you really think !! ;-))
Rampy ..... never been a fan of taking injured/unfit players.... never seems to work out !!! Lippy ... both of course !!! ;-)) Grego ... of course we have hope ... we are , after all, The Land of HOPE & Glory !!! ;-)) We have world class players in all positions, except in goal, which is, admittedly, a worry!! C'mon you Lions..... https://youtu.be/c6BDncfgm9s