Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Do the BOD benefit if Amigo go in to insolvency?
They have been trying to turn the company round so why would they lie about the only option being the scheme or insolvency? Surely it must have been obvious that it would be scrutinised heavily if those were the only two options.
I find it hard to believe this would have been overlooked by the BOD/Dicker so I would assume the lack of comment was because the evidence was all there in writing in the bundle given to the judge?
If the LTIP is set higher to say 80p the incentive is there for the BOD to get there quickly (I’m sure they want that anyway) so then the more profits there are the more there is in the pot for compensation, also shareholders do well as do the BOD, it’s a win win win situation
JPM and Bybrook are linked for takeover?
Why are MIC selling?
Does a takeover de-risk amigo being turned down in court and the share price crashing? Is Bybrook/JPM scoop up cheap shares for the majority vote.
What’s the worst case scenario with a takeover?
These are the thoughts I have at the moment.
I am looking for long term investments and dividends here, just trying to understand all possible outcomes as it appears to be getting more complicated than it was lol
Hedged, the letter said further to our phone conversation. I feel that discussions were already going on and that the creditors needed to be made aware of the fca’s stance before the meeting.
I also feel that without the fca stating they were going to oppose the current soa we wouldn’t have been told the results of the customer vote before the creditors meeting .
They had to inform the market of the fca letter and the customer vote results were given to reduce the chaos that would have ensued without them