Member Info for Skysthelimit89

inevitability

I think 50 is not enough tbh. It was pretty much on that level until JB's tantrum

they keep selln and MIC keep buyin

That drop on seeking alpha article?! Please

Chance would be a fine thing HeresHopin!

In the grand scheme of things

tbf he will probably advise more on strategic review side, plus tell the board what do to. Because they clearly don't have any idea how to steer this ship

noted - i can sell either amounts! Stuck here now anyway after buying right before JB's move and averaging down - not too happy lol

buy happy to see this play out, think there is some value here

you need to change your broker buddy because I can sell all my holding (over 80k of shares) in one batch

650k and 150k shares buys just went through

Let it ride baby!!

1. So JB got appointed on 9-Dec-19 as NED. JB holds controlling interest in AMGO through Richmond

2 Strategic Review and Statement from Richmond Group - 27-Jan-20

"Amigo has been informed by Richmond Group Ltd ("RGL"), the Company's controlling shareholder, that it is a willing seller of its 60.66% holding in Amigo and, as a result, the Company has today launched a strategic review and formal sale process with a view to maximising value for its shareholders which may result in a sale of the Company or a sale of some or all of the Company's business."

3. Yesterday's JB statement: "The recent formal sale process, which I voted against, is in my opinion nothing more than yet another handy excuse to delay necessary action, and to further restrict the flow of information to shareholders."

I call bullsheet. He obviously came in, saw an opportunity and now capitalising on this opportunity. Almost certain he wants to take this private on the cheap and test the FOS’s adjudications in court. If he wins, he wins big, if not then there is not much value in his equity anyway. Not hating on the move to be fair.

if it finishes flat/blue.

Why would he destroy the value of his own equity??? Only if he was purchasing the remaining share and taking it private. So clear what's happening here.

Topped up and fully loaded on this now, just wished I waited a day lol

https://www.thetimes.co.uk/article/amigos-founder-resigns-as-sale-process-continues-rq6l0sp7c

definitely something's afoot. he's story doesn't make sense. As the majority s/h only he could've kickstarted he FSP.
Maybe he wants his long lost child back lol

I am almost certain Benamor would be making a bid - why else would he be stepping down other than for conflict of interest reasons?

TruthSearcher, out of interest - what is your purpose for hanging around this thread like a bad smell at this stage then? sad life with nothing else to do?

on that drop...

it tagged 7p level this morning... been here since 4.5, admittedly should have traded this but happy to have my dough parked here, fairly safe bet at this level 0 no point chasing rainbows elsewhere in today's conditions

you're the one talking balls themuir01. was the hottest stock on the block according to you yesterday and now suddenly its dog sheet? what has changed?? Oh wait, you sold out lol

i bought first few batches around 4.5 haven't sold anything, just been topping up. Convinced this will reach high teens in the next few sessions.

Any TR1 will send this ballistic