Member Info for soul

Dunnie hang in there mate, I just had a look at the US and UK stocks and they are down between 20-30% in the last 5 days. The market is hugely in down trend and there are lots of bargains. Tomorrow is a better day. I bought some AML at 62p today thats how confidently stupid I feel.

FGS the FTSE is down to March levels. This is a stock market crash.

Correct Crank, I have been wondering why he released the Q3 so early and I could only guess it was due to the US election and the mess afterwards if Trump doesn't concede. What do you Guys think?

This is the worst day in the stock markets worldwide since the 22nd September. Everything is red and we have a good rise. In any other day we would have been up by 20%. Tomorrow is a better day.

FYI Synx:

Current issued share capital as the date of this announcement 1,824,014,450 shares

Proposed placing shares 250,000,000 shares

First tranche of Consideration Shares 224,657,287 shares

Expected issued share capital following General Meeting 2,298,671,737 shares

Future issuance(s) of Consideration Shares 234,285,457 shares

New Financing warrants Convertible into new shares 126,647,852 shares

Pro-Forma issued share capital 2,659,605,046 shares

The Company is also considering carrying out a share capital reorganisation, which may involve a consolidation of shares. In this event, further details will be set out in the Combined Prospectus and Circular and announced in due course.

In effect the Q3 is published already in full. 12th of Nov is redundant

FYI:

Current issued share capital as the date of this announcement 1,824,014,450 shares

Proposed placing shares 250,000,000 shares

First tranche of Consideration Shares 224,657,287 shares

Expected issued share capital following General Meeting 2,298,671,737 shares

Future issuance(s) of Consideration Shares 234,285,457 shares

New Financing warrants Convertible into new shares 126,647,852 shares

Pro-Forma issued share capital 2,659,605,046 shares

The Company is also considering carrying out a share capital reorganisation, which may involve a consolidation of shares. In this event, further details will be set out in the Combined Prospectus and Circular and announced in due course.

I have copied this part of the RNS for people who want to better understand the MB deal:

"Financial terms of the Strategic Cooperation Agreement

In consideration for the technology and critical intellectual property that Mercedes-Benz AG will make available to Aston Martin, Aston Martin proposes to issue new ordinary shares to Mercedes-Benz AG (the "Consideration Shares"), with a maximum value of up to approximately £286 million (at a price equivalent to approximately 62.317p per new ordinary share, being the "Mercedes-Benz AG Entry Price"), as further detailed below.

The Consideration Shares are expected to be issued in several stages, mirroring Aston Martin's access to the new technology of an equivalent value. It is anticipated that:

· Aston Martin expects to issue the first tranche of Consideration Shares to Mercedes-Benz AG with a value equivalent to £140 million by no later than 31 December 2020, subject to fulfilment of regulatory and other conditions.

· From that first issuance of Consideration Shares, Aston Martin will receive access to the first technology basket, which will include engine and powertrain technology and state-of-the-art E/E architecture.

· No later than by early 2022, Aston Martin expects to issue further Consideration Shares to Mercedes-Benz AG, reflecting the value of the second technology basket received at that time, which will be mainly focused on battery electric vehicle technology. Aston Martin may continue to receive access to additional technology throughout 2022, in return for issuing additional Consideration Shares to Mercedes-Benz AG, until the total value of all Consideration Shares issued reaches £286 million. If the ordinary share trading price on the date any further Consideration Shares (beyond the first issue) are issued is below the Mercedes-Benz AG Entry Price, Aston Martin will be required to compensate Mercedes-Benz AG for the difference between the two prices by making a further cash payment (on a per share basis).

· If the value of such access to technology surpasses the total value of Consideration Shares being issued, Aston Martin will top Mercedes-Benz AG up with a cash payment, subject to a maximum cap of £28.6m.

· All Consideration Shares are expected to have been issued by no later than early 2023.

Where is Dunnie, he must be the happiest among us. He has 4m shares.

3300 you need to go and feed your donkey.

Dimi, It is not too late and you can buy first thing tomorrow morning. I don't need to explain this to you but looking at the bigger picture this share can easily reach £1.5 very soon so a 65 or 70 price tag is pretty good.

One more push and we have a new born.

One final push above 54.8 and we are done for today.

If this closes at 50 again, sod the donkey.

Farahan; close on the 27th

Rox I found this article and I thought it might help if you haven't already read it:

"Roger De Haan, son of the founder of the over-50s holidays and insurance specialist, has committed to investing up to £100mln, of which £60.6mln will be invested at a premium price.

READ: Saga has ‘strategic options to bounce back’, says broker
A placing of 224mln new shares, representing 20% of the current issued share capital of the company, will be priced at 27p per share, the London-listed company said, a 98% premium to the 13.61p closing price last week.

The troubled company said over the weekend that it had received an “unsolicited and highly conditional” 33p-a-share takeover approach from a pair of US private equity firms.

https://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/927955

Thanks Poleaxe

Good for you Rox. I wish you all the luck in the world both in love and gambling.

Poleaxe I also use DMA with IG by telephone. Do you also call them or is there another platform?

Rox I am the same, all or nothing. I have everything on AML (except a short position on RR) until 12th and then depending on the news choose my next move. I hope your AA increases 2 folds very soon so you can jump on Saga. I personally think that Saga will wait for you at 135 range. Good Luck to you and I hope to join you on Saga if there is a chance.