Member Info for selecta6

Well, that brought the unnecessary rudeness from some on here.
To answer a couple of the responses:
1. Wasn't me that speculated SP would rise.
2. Will hold you to that Ian, I'm not sure you'll be right.

Errrr...
What happened to all that guarantee of a share rise here today, due to the default!!
More speculative ramping.
Shame.
Please just keep this board factual and/or amusing.
Both aspects welcome from me.

Confused here.
I've no issue with this site.
RNS showed here at 10.50.
5 mins after is perfectly acceptable to me.
Not sure how others use this site, but i have no issues.
Plus, it only confirmed what we already knew, thanks to Reddirt.

Here, here.
The most sensible post for some time.
The press and the media are purely speculative nowadays.
Many years ago, i would read the Telegraph for factual content. Those days are long gone.
Have given up watching the news, too.

I agree with last 2 posted comments.
We could well see a share price below £2.00, over next 2 months.
If there's an RI, they'll need a 20% discount. So, it could well be at £1.50.
I'm a holder of 625 originally floated shares from 1987, at £3.70 (i think!!).
They are locked and bolted in my bottom drawer, for some reason that I don't fully understand.
I flogged off the BT and Sid's British Gas fairly quickly.
Shame i didn't unload RR at £12.00 (yes £12.00) 5 years ago.
How the mighty fall.

It all depends at what price, and on what basis the RI is issued.
Has to be at a reasonable discount to the market.
But then the SP will drift down to that price.
That will happen aside of what else happens in the wider world, imo.

Does look like RR will need RI.
It's bleeding cash, currently.
Can't see the price being above £2, since it needs to discount current market price.
however, due to the leak, current SP will drift towards £2.
Then RR will need to issue more shares at a further reduced price, to get RI away.
Vicious downward spiral currently.

I bet they read this board.
So they'll know now Roxbury!!

They would not get an RI away, at any more than £2.00.
Needs to be at discount to market.
If share price drifts, RI price will lower.

Looks like an RI is in the wind.
Max they could do that for is £2.00.
So, SP will slip to below that level over next 3 months.
I was going in at £2.45. But, will hold off to sub £2.00, now.

Good morning,
I've been quiet since life has got in the way of being on here!!
Been well scripted, i was looking to top up at sub 45p, for over a month. Never, quite got there.
It won't now. Be very slow upward path for AML, now.
Funds been going elsewhere!! Couple of mining stocks, Cineworld, BP.. Trying to get Lloyds, but too expensive even at 26p.
Be interesting to see whether my strategy pays off.

@icouldnt comment.
That's a very bold statement. In principle, i believe there is something in what you say.
However, I do feel an oncoming large recession, which will hold back the markets.
Unemployment, is occurring across all sectors. that will restrain a rapid recovery.
All imo.

@Nickel
Excuse the X-thread.
Hope it's not the murdered moggy moving!!
Used my further AML funds, partly on Monday, remainder today.. Now in at under 40p. Well pleased.
AML are now motoring, CINE worth viewing!!

Sounds like you've no idea as to what AML is up to, WF.
Suggest you research the company, as I've done.

Saw your post this morning.
I feel like your twin!!
In at 45p on Monday.
Now doubled up with a further purchase at 36p.
Now sat on 50,000 shares!!
And, i never go to the cinema!!

We will be ok, at an average in low 40p's

Trucky.
I said i would borrow money to buy further into AML, IF the share price dropped after their RNS this morning, as a couple of the boarders said it would.
Share price up 10%, by 11.00am.
My offer to borrow was never going to come to fruition.
AML have no NED's who would sell out immediately a granted option!!

I've no issue with GGP and the board. Merely the actions of 1 NED upon the exercise of an option.

3 points.
1. Share options. I've zero problem with them. Good business practice. My beef is the immediate sale, upon options becoming available. As for needing the money, i would be amazed, if that were the case.
2. Liabilities, TMT. Yes, we all have responsibility to discharge our duties, but he won't have any financial commitment to those responsibilities. Else he wouldn't have accepted a board position.
3. Insurance, WF. You may well have insurance experience, but you've obviously got no experience of running a company, or sitting on a board. No Director would be responsible for fraud of another director. So, if GH has his hand 'in the till', yes he'll be prosecuted, but remainder of board won't be. Hence insurance.

To repeat. I've no issue with GGP (i hold shares). No problem with him on the board. Just big issue, with the manner in which he's conducted himself over options.

Well my views have at least created some excitement here.
If he has that much experience and is committed to helping the founders and 'owners' of the company, he should have insisted upon golden handcuffs for the whole board.
As for he could be liable!!! The company is a plc,. The l stands for limited!! Plus, the board will have insured against negligence and fraud for the whole board. A policy paid for by the company.
Get real guys. These chaps will have had a successful career, and phone up an executive placement agency upon retirement, and get placed.
Money for old rope. Nice, if you can get it.

Thank you for your responses, to my negative but objective views.
Theoretically, you all have a point.
However, they are often just used sales advertising. Looks good having them on the board.
They often have to be 'fought' by exec directors, since they are out of touch with current practices. Usually in retirement and have no loyalty.
My main beef is the immediate sale of an executable option by him. That is very naughty. They ought to have the golden handcuffs, that execs usually do.
I am positive on GGP, but just don't like the message his actions send out.

Hmm.
I seem to have a different view from most.
Non-exec. Does very little, turns up quarterly, has his company lunch and then has to be given directions to find the board room.
Nice little pocket money salary. He probably has about 10 of these.
Picks up options, immediate sale.
Has no heart or guts in the company.
Nice little gravy train, for him.

Not posted much, but i am a holder. I have more commitment here, than he does.