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It was down over 10% yesterday morning then ended up over 10% at close. Very volatile.
A lot of people trade the quick risers. Try and time the market. Quite often it’s not due to any relative reason other than herd instinct. If your lucky you can make decent amounts day trading.
Do you guys really believe in MMs using these boards. ?
If like me you believe motif will get the Nod. It’s worth investing in here for the leverage. Like it’s aleeady been pointed out. This should bag on the results due for Motif. If Motif doesn’t get approval. This is worthless. Worth a gamble.
Lol. Pmsl. What is the debt figure then ?
Motif shares in the US are starting to tick up.
All fingers crossed for Motif multibagging. This with leverage will give us a much greater advantage if it 3 bags or more. It’s worrh a punt. If it doesn’t get approval AMP are totally screwed. But looks like Motif are confident.
Amphion's interims (view the detailed financial report addendum 10..), total liabilities are $29,053,470 (£22.44m) that includes convertible promissory notes, promissory notes, and several loan facilities. This figure excludes monies owed to the directors of $4.5m (£3.48m). If you then add the directors' monies to the £22.44m you arrive at £25.92m. Now, applying mandatory routine fiscal adjustments (cash burn and interest payments on the liabilities) gives a projected debt value of £27.4m.
That’s what people are looking at. The problem is they don’t delve deep enough to see AMP. Might have £15m worth or investments. They also have around £27 million debt. This could still multibag. IF Motif 3 bags or more. Work it out. It’s still definitely worth a punt if you believe Motif will multibag.
So that adds up to fag pack maths of around £15million worth of investments AMP. Have.
And the others are on the books maybe up to a couple of million.
It’s 18% but that’s just splitting hairs. We also own £10million worth of Motif at today’s prices.
Thank you. I’m just putting the facts out. Just because I don’t say boom and this is gonna take off. Doesn’t mean I’m deramping it.
I’m not deramping. I’m saying over and over it’s a good leveraged buy. If you expect Motif to multibag your better off buying this. I have sold most at a good profit but hold a decent chunk on the outcome Tomorrowl
Do the maths. If you can. It’s a good gamble. Only if you expect Motif to multibag.
Well I thought you were the dogs *******s.
1.95 paid.
If motif goes over 115p this is debt free. If motif were to 3 or 4 bag then this 5 or 6. If it were to do more amp would increase at a far greater scale. It’s a good gamble in my books.
I’ve sold most of mine around the 1.8s. And like I’ve said all along I’m here because of the leverage AMP. Has. If Motif does multibag this will do the same on a greater scale. I hold a decent chunk that is pretty much free shares
That’s about it Ian. Unless Motif does a few bags. Amp is already overpriced. Everyone is just banking on Motif multibagging