Member Info for NorthernExplorer

Meek. I could see from the start your new to investing. With the statement about it dropping 75% and the company wouldn’t allow it. Pmsl. Do you actually know how much amp would be worth if they sold all their investments at today’s prices. ? I know you haven’t got a clue.

Rough figures. Assets. And Debt. What do you have

I’ve never told you to sell. Just curious why people are buying. Do you know how much they have in assets like Pol and Motif and the others. As well as how much they owe

Just curious meek. You say the debt doesn’t look too onerous. What do you see as current debt and current assets.

Meek. What price did you buy in at. What do you like about Amp ?

Gotti. A lot of people don’t fully understand the position Amp is in. They think if Motif doubles this should. Lots can’t read a balance sheet.

Don’t forget to bank your profits. Had a good couple of days.

They are worth negative value even at Motif back at 40p. I sold most of my amp at 1.8. They were worth a gamble that Motif would get approval. Then I switched to Motif yesterday as you have more chance on the bounce

Lol. Look at the accounts. They owe OVER £20 million.

Remember even if Motif gets back to 40p. Amp are still heavily in debt. They would still be in negative value.

That’s right. Motif being so low means they have nowhere near what they owe in assets. They were in a bad position to start with.

Remember Gotti. They owe over 20 million and at current price they own around 3 million worth of Motif.

Just saying your better off buying Motif. I did yesterday and today. Back out with another decent profit. Obviously when Motif was high and looked as though they would get approval it was more beneficial to be in amp. Now it’s better to be in Motif. Even if Motif doubles from here amp is still worth less than zero.

Better off trying for bounce in Motif. Gotti This needs Motif to multibag from here just to even get close to break even

We intend to request a meeting with the FDA, which typically should occur within approximately 30-45 days, to discuss the CRL. We look forward to working with the Agency to discuss options to advance iclaprim towards approval." ......... That 30-45 days is for the initial meeting just to discuss the reason. That could be followed my many months.

Possible to try and make money out of a bounce. Who knows. People are still buying Flybe. But make a profit and bank it.

I’ve explained to you the situation that amp is in after you had come on here and said something about AMP not allowing this to drop 75%. You obviously don’t understand the state of Amp and I tried to explain to you.

Twitter is very rarely a place to get investment advice. They normally jump on shares in this position and within a couple of days they will be onto the next best thing. The company don’t need to explain the huge loss as its common knowledge as why it’s dropped so much

They have been in this precarious position for some time. Their biggest asset by far ( which they had been steadily selling ) to cover costs. The basics are they are in such a state. If they sold every holding they have they would still owe around £13m. And they have a £1m mcap. They were banking on Motif multibagging. Even when their largest holding Motif was 40p yesterday. They were still in the position of having huge negative value.

I sold 75% yesterday in the 1.8s. Left free shares. Bought motif for the bounce and luckily made a decent profit.