RE: Why this stock is a sell after the court hearing this week22 May 2021 12:55
Mark agreed,
The late FCA move in my opinion has made Amigo request a lift on suspension and in a way show the court the present value of the company and make the court realise that FCA comments were of the mark.
Taking a few days to look into to it it's not a bad thing as the judge and his team will do their homework (look at share price movements, read news and look at numbers properly) and realise that the scheme may need adjusting but it's fair and this is a company that is looking to come good with plenty of support out there.
Even if adjusted, adjourned or whichever deal is make....as long it goes throw it's an exelent result for us and Amigo.
No point being to greed and not wanting to give something away...we will have plenty of time to recover, this is a changing moment for Amigo so happy for any positive outcome.
Have a great weekend and let's be positive for next week :)