HH they had well over 1b unserviceable debt when they collapsed and prior to tapping shareholders they was paying more than that in interest alone before the my travel merger / buyout whatever you would call it. They couldn’t service the interest let alone the principal. The two don’t compare at all.
Yuri I bought when NK turned up 6-7p ( and the mystery Russian lady ) it rose to about 15-16p but I got out at about 12p on the way back down. The debt there was colossal I don’t think the two compare.
See this is the bit I don’t get. If I’m not waving flags and saying this is the best investment ever and I’m so full of confidence it’s overflowing I’m “ not playing with a straight bat” because I see something I don’t like. And equally when I see reasons to have hope and momentum seems to be with us and I centre on the positives I’m being overly rampy ????
Is it not possible to be invested with reservations or to be out with a view to taking a position if the situation changes or the mood or momentum or even the technicals?
Problem seem to be your only allowed in one camp or the other and discussion isn’t allowed.
Riddler nothing opaque about it. I still see the funding waiver as an issue but as per my earlier post.
Mark@1973 Posted in: AMGO Posts: 8,168 Price: 8.085 No Opinion RE: back in!02 Jun 2021 09:19 I’ve got 5k in @ 8.4p. Meh it’s all a bit up in the air in my mind but I tend to lean ever so slightly towards them getting a second SOA over the line. I sold on the drop and have bought back still got some dry powder to average up or down if needs be.
I’ve got 5k in @ 8.4p. Meh it’s all a bit up in the air in my mind but I tend to lean ever so slightly towards them getting a second SOA over the line. I sold on the drop and have bought back still got some dry powder to average up or down if needs be.
Agreed jock47. This is one of those ( a bit like ARB a year ago ) that can be tucked away in the sipp or isa and forgotten about for a while. It’s an expanding tech and the approach they are seemingly taking is the one that will be in demand.
They will almost certainly put a second scheme together and if it’s good enough it will surely get approved. I’ve only got two concerns A. Do they have enough wriggle room to substantially improve the offer and B. the timeframe it will need to be done in.