Member Info for ppopp

Notice from 26th november:

Amigo announces that a circular incorporating a notice of a general meeting, to be held at 1:30pm on 19 December 2025 at Bournemouth Highcliff Marriott Hotel,

Annoyingly, the shareholder update meeting is tomorrow at 12 I think, but today is the closing date to sign up if you want to buy the new shares at the reduced price!

Im going for it

If your an existing shareholder you can buy some of the £188k worth of shares they are raising at 0.3p

Yeah that was me, rasing money to buy more back at 0.3p!

It's a chance for people to get in now if they want to be able to buy the shares as part the £188k raise.

Although im surprised there was literally no info in today's announcement about what the RTO will look like - were just expected to invest more in pure hope value!

....i did not Craig in his announcement said that he is opening good and rare earth mines in Tanzania... no idea how profitable that would be???

Looks like he fancies amigo, he now own 6% of it!

Many of us are in way too deep to do anything other than keep riding the wave and hope for the best

But that calculation assumes the share price stays the same? Once the new plan is known and if its deemed a viable plan,even of theres double the amount of shares, they may perhaps go up double the peice or more!

Who knows its all speculation at this point.

All I know is l, we are in a far better position than we were a few weeks ago!

Im amazed this is still priced like a company about to go bust, which it clearly now isn't.

There's nothing to say the extra shares will have a corresponding 50% watering down of the value. This hasn't happened other times ive seen companies issue new shares. It hasn't happened when Craig's 10% new shares were just issued either.

It would be good to see 3xacrly what the plans for amigo are though, ahead of the shareholders vote so we know what we're buying into

Weve had the solid news! £1.5m investment is locked in, pending shareholders vote!

Https://uk.investing.com/news/company-news/stellar-mercator-acquires-909-stake-in-amigo-holdings-93CH-4392656

Wow someone in Singapore has bought 57 million shares!

And the value hasn't moved lol this should have shot up!

I so hope that will be explained at next Fridays meeting!

So in top of the committed £1.5m amigo also want to raise £188k from existing share holders. Presume we'll get a discount in them as well? Will it perhaps be done so that you can buy as many as you already own?

So there would then be about £2m cash sat in company!.... what happens then???

Me too!

Respectfully, I think thats b*llocks.

This is 100% a positive thing happening.

Yes the shares will be diluted, but we will have a smaller piece, of a much bigger pie

I dont agree we will be wiped out, well have a smaller over all slice of the cake yes, but it will be a much bigger cake! And ine in a thriving new company, not one thats going bust!

Agreed!

The RNS also states

, the Board is exploring opportunities for retail investors to participate by subscribing for new ordinary shares at the Conversion Price.

(The conversion rate is .03p)

So does this mean we have another round of funding raising then? Would this be after an RTO is announced? Allowing us to buy more in??

This is great news!! So Craig has secured the £1.5m funding and now has himself £200k of shares in amigo as well.. this is now clearly going somewhere.