The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Can anyone explain how you would sell your 'rights' ? Several people have alluded to the fact you can sell your rights...but I'm not sure of the exact process. I bought and hope my shares through a Halifax share dealing account...any advice on how you'd sell your rights would be appreciated...
Magpies...I've never been through an RI...can I just ask how you would sell your rights? I am invested through Halifax share dealing so just wondering how the process would actually work...ie how to see or take up your rights?
LT If inexperienced holder here...never been through an Ri...so genuine question...if we accept Ri will be at 19:1....could it not be at say a 90% discount...meaning you'd need to find double the value of your holding to take part ? Still a lot of money to find for most shareholders...but then you'd have a stake in a company currently worth £25m which was once valued at over £1 billion....even getting back to a quarter of that level would mean a healty profit....so...is a heavy discount allowing as many shareholders as possible to take part in the RI is a possibility?
Sorry for the title of this thread...but isn't that the reality of this situation....either they announce testing has been successful, they can do what they said they wanted to and the SP will in all probably rocket...or...testing isn't successful and there is very little if any value left in the company? I'm a relatively long term holder here so I know which way I want it to go....or am i wrong...if testing is not positive is there still a viable company here ....polite opinions welcome....I'll pretty much all in here...so positive news could be life changing....but is still seems like a 50/50 shot at the moment...
Soo...long term holder here...if not a regular poster...but have been in this share for over 2 years now...and IMHO the court case is the last significant hurdle to Amigo's survival...and given the recent vote and fhe fact the FCA aren't going to object to the scheme or even turn up at court you've got to hope its got a pretty good chance of being passed....so my question is when exactly is FOMO out going to kick in and the SP rise!!!!
I have been invested here for 2 years and just have a question perhaps someone with a little more experience could help with.
If the company is valued at say 15m when the 19/1 share issue goes out does that the company would need a new valuation of 300m for existing shareholders who don't take up the offer to keep the current value of their investment.?
If so, it would keep to reach 600m to double that investment?
If that's right do people here think this company is likely to reach that kind of valuation...I just can't see whay people are buying shares at this point if the above is an accurate scenario....any clarification in this would be much appreciated
Insider knowledge...can I ask why you will ne buying the extra shares if there is a dilution...if it goes that far is it dae to say the company will survive and you feel the price will therefore rise in the future....making it a chance to get in cheap.
Relative newbie to share buying here...but been holding Amigo for over a year...I have a question regarding possible dilution...only sensible answers please ..can do without the usual stupid/sarcastic/insulting or pointless replies!! If dilution happens would it be advantageous to buy the extra shares if you can afford it...will those it that position this site take the opportunity to buy new shares?
I know others have raised raised this issue but opinions seem to differ. So...is there anyonewon here who is legally trained and can give a professional opinion on weather PI's could take the FCA toncoury if Amigo is now forced into administration? Their decision to intervene and appeal the SOA at the very last moment after originally saying they wouldn't oppose it has caused considerable losses for all shareholders. Many decided to stay invested or to invest based on their original decision not to oppose , so to chnage their minute at the last minute is unforgivable. Surely there is some room for legal redress against then for any losses PI's incur a da result....so is a class action from PI's a possibility? I'm not sure how much it would cost but with 8000 PI's I'm sure it wouldn't take to many of us to map and together and take legal action against the FCA
Can anyone tell me what percentage of the vote Amigo need to pass the SOA...I've heard it's 80%...but that seems very high....also...can the judge overrule a no vote if he thinks the SOA is still the best option for customers?
Not a seasoned investor like some on here...and good to read some messages saying not to worry ..BUT...can someone please explain how this has fallen 14% today!?!? Given the court decision recently surely the SP should be going to the other way!! I'm 50/50 on the vote.. I just don't think you can safely call that either way ....but I've been here for nearly a year...so holding till boom or bust...but given whats happened with this share in the past...if the vote goes through the SP will still probably fall!!!