Member Info for sharefall

This probably forced the new update release to ensure no one accused them of a leak. IMO. Game still very much on.

Odd RNS time as in 2 days another needs to be released one way or another. However, this is definitely not bad news. People wanting a low entry will carry on spinning this as negative. Still all to play for and IMO, probability of a deal has just got higher.

Any news yet?

Very odd not to mention imminent admin! Also shoddy journalism not to ask about the elephant in the room!!!

Little to lose. Sorry

Agree, if admin, people have little to loose and leaks will have happened. IMO

We are in double or bust zone now. Yes, its casino time so if you are in, may as well stay put and not worry about small drifts. GLA.

SP shift will signal decision long before news is released to us plebs.

Thanks. @Crabtree being a naughty boy probably!

@Crabtree, is this news real or just you speculating? If confirmed, please can you provide a link to it?
Thanks

So in the same month, two interpretations of the same issue. I think even the optimist will agree a SP of 5p is a failure. So at least we agree, this BOD have done a bad job of it. The issue now is how to deal with it. My view is different to yours and neither of us knows for sure what the outcome will be. Best to leave it there. ATB.

https://www.ft.com/content/5c20b7cd-6616-4e74-a21c-611b3c314647

Bondholders have the option to sit at the decision making table and takeover of assets is option of last resort. It's more likely than not IMO, that a deal will be done - what the details will mean for equity holders is anyones guess.

'Intu is expected to breach its loan-to-value covenants with its bondholders at which point they “have the right to appoint someone to sit alongside us and help with decisions”, said Matthew Roberts, Intu’s chief executive. '

'Mike Prew, an analyst at Jefferies, said that lenders would only take control of assets — a process known as enforcement of security — as a last resort.'

@Wig,
Agree with this. Let's hope bondholders collectively work for stability rather than a free for all race towards the bottom of a fire sale.

Will be a welcome boost for shops.
UK PM Johnson to announce new 'one metre plus' social distancing rule: Telegraph

Not long to wait now until we know. We're all speculating with a fraction of the information available.
As you are clearly not invested, no reason for you to worry yourself about the outcome. ATB.

This is huge for entertainment businesses and could be a game changer. ATB
https://www.telegraph.co.uk/politics/2020/06/20/one-metre-plus-new-rule-will-reopen-uk/

Because the assets will be worth much more after recovery. Selling now is a ridiculous notion as who would pay anything near real value in this market?
There are guarantees such as membership of the board etc the bondholders can extract so they will be in the centre of decision making.
We will see soon. Anyone who held of Friday, is doing so accepting net worth of any investment may be zero come next week. It is time to accept that bashing out negative posts now has little use. ATB.

That's compete conjecture and without basis IMO. Bondholders lend money for interest and do not like running companies. Sell assets in a fire sale? Why when in 2 years time, it could be easier and more profitable? Anyway, not long to go until we find out. ATB

I'd be surprised if this was left to the wire. After close today I'd have thought to allow for the weekend to absorb details. There will be lots of trade offs to be done if extn is provided. GLA

Should settle nerves. Will go up this afternoon. IMO