She Price7 Jul 2020 14:52
This share is way undervalued. As it stands JB holds under 50% shareholding which will be reduced over the next 48 days to NIL. The board can once again enter into discussions with prospective buyers which will no doubt go to a vote. As long as the votes for a sale exceed JB's holdings and a majority shareholding in agreement with this is set in stone a sale will proceed. Surely if JB rejected 21p and there is now more stability across the board this share will be 25p plus...I would expect an approach from a buyer soon as Amigo are market leaders in short term loans in the UK. Despite the complaints issue- the FSA would not have given the board an extension to put complaints right if they were not comfortable AMIGO is doing everything to put things right. Onwards and upwards for this share- expect an offer in the next 2 weeks...