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I agree with the 40p close sadly. People will not wanna be in this over the weekend. Who knows though, this share does weird things.
And? Lots of old news here mate.
From 20% down to less than 9% down is a great recovery.
Yep. No offence (I fall into the category) but most superhero fans are super geeks who know exactly how to stream a film for free lol.
Much better article on the matter at hand.
If WW is released on stream and in cinemas, I am willing to bet that it is because 2021 is going to be so crammed full of blockbusters that they can't fit another one in. They need to recoup some of their spend.
You are correct m00la.
"A CVA is effectively a last resort deal to prevent rent creditors closing in on the company and whom it has to be said are not in any position to pay. If it fails then you are looking at the final curtain. Shorts you would expect to take full advantage of the situation."
Hes basically made up his own definition of what a CVA means for a company and their creditors.
Completely misleading.
Google about CVA's and you eyes may be opened. You have made something up.
They were the reason we couldn't go above 50p on the 17th.
The amount of shares they need to get rid of would have took us from the 60's to 50's anyway.
Its nice to know that even though they have gotten rid of 3%, there are still buyers willing to take that amount of volume off their hands.
Shorter even though you're filtered i still see that you have posted. I just can't read what it says.
So all I will say, and I hope that it is relevant, is that your 40p guess still hasn't appeared even though cineworld are looking at closing sites down permanently.
If the 40p guess isn't coming to pass, your 20p dream is deffo off the cards.
Yeah covid news has smashed many shares today. Its almost as if people don't expect the cases to rise. Without a vaccine in play, to me, its obvious.
So cine down by 9% ish.
Jet2 down 7.5%
Nex down 4%
Barclays down about 2%.
So considering our "bad news" we havnt done too badly. The market over reacted and many people sold out before they even understood what the news was.
To me, if its true, it shows that the BoD and creditors aren't looking at bankrupsy, share dilution or a rights issue at this stage. I'm surprised it wasn't taken as good news to be honest.
Say wut
Expect the news to break officially over the weekend.
Short sigted investors will be running for the hills.
I can see a 5-10% drop tomorrow, but ill be happy to go into the weekend at 40p.
Maybe the creditors envisage that the USA alone can keep their debt repayments on board. The leak only mentioned uk cinemas been effected. Or maybe the running costs in the US are lower. Many possibilities.
Some crazy happenings
And now we just went and jinxed it.
Agreed, I expected a bigger drop. Managed to rebuy my traded shares at 40.60, has to be a first that I got them back at a profit and near enough at the bottom. Shame I didn't have the bottle to sell the lot and then rebuy haha. Only risked it with 20% of my holding.
As others have said, panic selling occurred. I reckon shorters took the opportunity to lower or get out completely.
Be very good news if it gets confirmed after the stage 3 results are released.
Trust the British to top everyone haha.
Lad bible article so take it with a pinch of salt but...the stage 2 results showed that the oxford vaccine showed 99% effectiveness across all age groups.
Stage 3 results to be released within weeks.
I'm pretty sure that the bod couldn't give a damn what you think they should or should not do.
They will release an RNS when they have solid news, not jto pacify baby investors who want clarity on rumours.