Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Intu may win stay of execution as stand-off with lenders goes to the wire
By Hugh Radojev|25 June 2020
Embattled landlord Intu is teetering on the brink of administration as its standoff with lenders over debt repayments goes to the wire, but talks may end up being prolonged beyond tomorrow’s deadline.
Intu’s attempt to stave off administration is on a knife edge, but sources close to both Intu and its potential administrators have said talks could possibly extend into the early part of next week.
A source close to Intu said it was “impossible to call” what would happen but claimed ”if it was the administration scenario, and I sincerely hope it’s not, that would NOT be tomorrow”. (Friday 26th June 2020)
KPMG has been appointed by Intu to plan for a possible administration, and a source close to the accountancy firm also claimed that talks could drag on into next week or even beyond.
Don't be silly, you can buy 'treasure' at Poundland. for a whole £1! lol.
McD's and KFC are NOT 'skint' companies! They CAN pay their 'rent'. If they are not, paying their rent, then, imo, INTU should 'close' those particular 'outlets', in the 'centres', citing 'breach of contract'. All, imo, obviously.
@Pearls
ISTBC, but 'announcement' before, or at, 12 noon 'tomorrow' 26th June 2020.
If, IF, a 'standstill' was 'agreed' what 'price', on that news, would these 'shares' be trading at? ('spike/fall'?)
@taken4aride
Sticking her fingers in her ears and singing 'la la la de dum de dum de dum'
I want to delete this 'thread' how'd I do that? Anyone?
Would the government seriously let up to 135,000 'jobs' be 'lost' if centres 'close'? Just when they are asking everyone to get out 'shopping'?
Would the government seriously let up to 135,000 'jobs' be 'lost' if centres 'close'? Just when they are asking everyone to get out 'shopping'?
Would the government seriously let up to 135,000 'jobs' be 'lost' if centres 'close'? Just when they are asking everyone to get out 'shopping'?
More shares 'bought' than 'sold'!
When you 'read' about their BoD's all driving 'rollers' bought out of the 'well deserved' massive erm, 'bonus's' they awarded themselves for 'being such GREAT business dealers'. All imo, obviously!
'volume' of shares 'sold', today, is more than double the volume of shares 'bought', today, to date. 12,257,455 (541K) 'sold' compared to 5,623,381 (261K) 'bought'. So, WHO's actually 'buying' if the shares could be 'worthless' come 26th June?
WHY hasn't the SP 'fallen' to 3/3.5p/less?
Read that 'link'. Could £1million 'seller' be 'shorting' to 'buy back' next week at less than 5p sold for? Get 'people' panic 'selling'? Could 'explain' price drop? 'Buy back' at 4p....lovely jubbly! Not saying, just asking.
@parkez
So, 'someone' DID actually 'buy' those 25,000,000 shares? WHY? More importantly, imo, WHO? A 'chancer'?
Correct me if i'm wrong but, for every share 'sold' there HAS to be a 'buyer' of that 'share', right?. So, WHO has just 'bought' 25,000.000 'shares' at 5.00p, (£1.25 million) 'knowing' that those 'shares' COULD be 'worthless/ worth next to nothing' next week? Unless, of course, the 'buyer' thinks there 'might be' a 1p increase in share price thus 'pocketing' a 20% 'profit' of £250,000!.