Member Info for ppopp

Why would he say this otherwise?....

In fact yes, watch $AMGO on the LSE and over the coming months my ideas will be demonstrated through Action not words

Ohhh is it on? Why would he be mentioning amigo like this, if it wasn't a done deal?!

Sounds like its already a done deal,rather than just another consultant looking at options!!

Yes i suspect so. They said they had 4 months worth of money. They will use it all

This is so boring now,can't it just be over one way or another!

So they still have 450k spare! That should cover them for a good while as they sort out the rto.

I thought they'd only have weeks and it was a desperate rush, but 450k will last months

I thought they were accredited? They had approval to relend already under the reward rate brand. They only stopped because there wasn't enough uptake of it due to stricter lending criteria

Yes thats a good point.

I think even if the share price got diluted in the rto, presume it would shoot up prior on the news it was going to happen? Then of course we would all have shares in the new, prosperous company.

So if it happens which i think it will, (as why would someone leave this shell go begging? It has no debt, fully accredited with the fca and ready to be used) then all existing shareholders should be ok?

so this is what google says:

in a reverse takeover, the existing shares of the listed company are essentially exchanged for a large portion of the shares in the acquiring private company, resulting in the private company's shareholders gaining majority control and the public company effectively becoming a vehicle for the private company's listing. the private company avoids a costly initial public offering (ipo) by this share-for-**************, allowing them to become a publicly traded entity with the public company's structure....

...so we could all get shares in the new company then?!

Absolutely this could still definitely not happen.... but the fact they didn't just wrap up the company straight away in the back of yesterday's announcement, I think, means the RTO could well be on

Can I enquire, let's assume there was a take over of amigo. What's the process? Would the new company have to buy up all the shares at an agreed price? Or do we get new shares in a new company?

We are pleased that we will be able to continue (and hopefully successfully conclude) our discussion with reverse takeover targets

Although technically nothing has changed the use of the language in the RNS suggests they may have found someone to take the firm over and are now finalising the deal....

Yep gits

Therefore, we are pleased that we will be able to continue (and hopefully successfully conclude) our discussion with reverse takeover targets for a few more months."

It's on!!!!

Oh this is so on now!!!

With the scheme formally concluded there is no more liability and they can conclude the RTO with no issues.

If it wasn't happening they would just wrap up now. The fact they will continue for what seems like another couple of months to conclude an RTO I think proves its on.

Well happy with this!

I have certainly had buys come up as sells in the past!

How is there still no news? If they are going bust then just go bust! If something is happening then bloody tell us!!!!!

And still nothing :(

It's been 2 months now since last update!