Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Shame for the creditors that is, not shareholders
Shame they didn't agree to it a week or so before, they could have secured them for 23p a share lol. Doh.
You've actually been really helpful indepth, cheers.
Thanks for adding that Pod.
I was wondering why on earth cineworld would agree to such a deal. But it makes sense, the creditors will want cineworld to do well, in order to maximise their profit if they decide to buy at 41p.
Ahhhhhhh now I understand. Thank you.
So they have to pay for the shares as well as loaning the money, but they only have to pay 41p per share, if and when they want them.
I completely misunderstood it.
Cheers.
So what possible incentive is there for the creditors to not cash the warrants in?
Am I right in thinking that if they cash in their warrants the debt is written off?
Otherwise wtf is the point.
While you're working with them, can you ask them to buy cineworld shares.
Hope so mate. I've got a cut off point this time. If it goes near 45p I'm out.
Hopefully ftse recovers a little tomorrow which will push us back up.
Can see 53p open though.
Thanks m00la. Level headed as always. I nearly sold today.
Don't think I can take another month of red days and watching my cash dissapear for absolutely no reason at all.
What? No. Read through the posts.
That
5 mins till he starts and we are down about 4%. Lets hope all the obviously bad figures he is going to release have been priced in.
No doubt he is taking a conveniently timed break
If you check buys and sells they are about even, so this drop is mainly because of the FTSE drop. The shares are still sought after.
I am going to guess also that some peoples stop losses have kicked in.
Ah my friend just informed me that its due to Sunaks review, think someone actually mentioned that earlier too.
Yeah ftse 250 down over 1%. Hopefully it will recover before close.
Brexit news looming perhaps?
Why would u care about our money? The answer is, you don't and you either want a lower entry point, are shorting or have been burnt after selling too soon.
We know the risk. We have spent months reading constant posts about potential bankrupsy, dilution and rights issues. As well as the stupidity of saying cinema is in decline, when intact in 2018 more people attended cinemas then in the previous 20 yearly counts.
What possible bad news is there left? We are closed. We have incurred more debt. We released results of over 1bl loss. Yet we are still here.
Love that they think they are been original and clever .
It is, but not with the amount of risk involved. I would want potentially 4x, to invest in an events company at the moment lol.