Strong Capital Position26 Sep 2019 00:08
For all those on this board does anyone have an idea of what their capital position actually is? Their Capital ratio is 18.8%.
Their MREL debt offer was pulled and their sp has taken a whack.
They have the flexibility to issue MREL debt at the right time before the interim MREL debt becomes effective on 1st Jan 2020.
They have multiple options open to the business should it wish to pursue them.
Guys I’ve read the posts, news updates and I genuinely think we are looking at a bargain. Looking forward to an update from Craig Donaldson and Co.
Night night and GLA