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In layman’s terms. Once motif (if) reaches over 115p we are worth our current price. Anything over that and every bag they have we will have double. But only after the 115p mark. But of course like you say this is aim. Anything can happen. I’m still holding a nearly free chunk for the ride to come

Check out research analysists posts. From a couple of days back. Or read through the main accounts. 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. You then deduct this figure from the Amphion's accessible assets - in this case, their 8.5% stake in MTFB. This will give you the negative NAV mentioned above. Also worth noting, AMP has only made one loan payment post its interims. In the meantime, DataTern has incurred further liabilities that supercedes that payment. Yes, it's all pretty messy really and they are in an awful state. Thus, it would be extremely naive for an investor to ignore all that and just imagine non-existent blue skies. It's no wonder the management were keen to arrest the senseless rise in the stock price considering the debt levels. Just look at Debenhams to see what debt does to valuations. • As of June 30, 2018, the company had a cash burn rate of $228,244 per month or £176,288 per month.

This is the equivalent of an investment fund. With many holding.s. We are only valued on what our investments we hold are valued at.lets say it holds half a dozen companies each worth a million pound. Then if it sold everything they would get 6 million. Therefore you wouldn’t pay any more than a mcap of 6mil. Even at today’s prices if we sold at the current values they would still have huge debts.

It if Motif 3 bags we could multiply more than that.

They owe over 20 million.

Exactly. Amp will give you a greater leverage.

Cavendish. If motif reaches your 1 bag. Amp Is still in debt. If it 3 bags then AMP. will multibag.

Akramms Motif needs to hit 115p for us to be worth the 1.8 we are at now. Only after that does the leverage work in our favour.

I really believe in the deal going through, though I have cashed in enough to get most of my stake back at 1.8. Nearly doubled my stake. A profits a profit. Still got a chunk for hopefully a bigger rise

Yes agree Madchatter. Most companies have debt. But Amp has around 10 tines it’s mcap in debt. And if Motif doesn’t get the good news. Amp will be pretty much finished.

In my eyes this is a great way to get a greater increase than Motif following news that’s expected.

With approval Amp will rise way faster because of the leverage.

Yes totally agree. Aim has no sense or reason at times. I remember not so long back an investment company had around 8p a share in cash which it was going to invest. For whatever reason people 10 bagged it in a day. That’s even after seeing that the bod had a very shady past and had their companies delisted in the past. They paid 150p for 8p cash. Obviously it came back down after seeing the emporers new clothes revealed. This at least has assets

Overall this is an excellent leveraged buy into motif. Quite possible to get 6p here on motif reaching 160p or so.

You’ve got to remember we own around £10m worth of Motif. But owe double that in debts

If approved I see this at many multiples. But still you have to work out to what it’s actually worth. If they sold all their holdings today at today’s prices in everything they own they would owe millions in debt. So once Motif is over 115. We are making money. If it goes to say 160p. We would be worth around 6p.

This is a great leveraged buy on Motif. I’m confident it will release its good news soon. As soon as motif goes over around £1.15 our debts are clear and we get gearing on any further increase in motif.

Only kidding Richard. I’d love to see you make money. Be quick. Don’t be left holding the Flybe. Even Hoskints has written off tens of millions here.

4). They don’t understand that nothing is left here

Richard. The state of Flybe means this offer is actually quite generous. I can’t believe people are buying this still.