Member Info for shamI89

Luca always got paid and company has got good reputation, so lenders will take that into consideration before agreeing to refinancing.

Hahahahaha come on Luca all this for your "insignficant investment" you can do better than that....

No point as you will rather listen to your "matrs" who are still working for........

Going through RNS you have have mixture of buys and sells,but market will open soon so lets see where it goes.I was surprised though as it will be a little bit risky holding these through suspension.

Have his mney tied up given looming suspension and refinancing?

If things were any better you would have got more interested players but at the mintue it only suits to a candiate, who is already in a same sector and can turn things around.

It suits to any competitive bidder if he has money and believes buisness can be turned around.But I cant see anyone coming forward until audited results are out.

Equity will have any value once debt and other liabilities are paid.Company believes that its assets are worth about 2.8 billion but right now market does not agree with that.right now 450-600 million cash injection is needed to get refinancing then and then it will be a turn-around play.If Sidara goes ahead with offer it will take on these liabilities and pay some money to shsreholders.If it does not go ahead then company will need to raise this money itself and that can wipe out shareholders.As long as Sidara's price is better than equity wipe-out it should be accepted.

Take-over bid is likely to be 15.It is a massive risk holding this into suspension as one you dont know how long will suspension take and secondly looming refinancing can wipe out shareholders.

That means no money left to pay off 1 billion next year.

Ouch! truth hurts!Take some timeoff this bb,it will do wonders for your mental health and that will be ideal time to rethink your investing decisions.You are sitting on massive loss and this is money you cant afford to lose.When you decide to invest:you are taking the risk that it can go to zero.

Prove it that your average is 22, my guess is it is more than that and this is money you cant afford to lose.

Hahahaha you dont attack others when you are not worried.You are 50% down and it can fall further.Get out if it is affecting you mentally as you cant handle these losses.It is not illiquid aim share that you can "p&d".

If you are worried when you are down by 10% then investing is not for you Robert!

Daz if lenders were sure of that they wont be talkking about refinancing.Cash on 30 June was 150 million, 45 million was restricted, Athos energy was sold for 140 million.Administration costs are 250 million.Add these numbers and you can be 100% pure that company wont have 1.1 billion to pay next year.

It is not your strong point either as your average wont still be aroud 22.

You first got in around 38/40 as that is when you first started posting, assuming that you have managed to "top up" around 20 it will still be around 29 or slighly less.Having said that if you cant have a reasonable debate when you are 100% down then that means investing is not for you.My guess is you are atleast sitting on 50% loss and this is money you cant afford to lose.

I will reconsider my investing decisions Robert if I were you.You are clearly sitting on massive loss and looks like this is money you cant afford to lose.

Do you reckon lenders will agree to refinancing like this?They will want company to raise this money to strenghten balance sheet before agreeing to any refinancing.Cash flow is minus this year so no money will be generated, not an idwal situation when you have 1.1 billion debt to pay next year.

Daz company will be forced to raise at-least 450-600 million that is three times more than current market capital.