Member Info for Soundsrisky

@MriGoat - damn it! Lol! Was semi excited there for a minute! ; )

Voted - took some time to gain a response and confirmation from HL so don't leave it too late if you're on that platform.

iGoat CAN see it or can't? Is 5m going though?

Who cares. This will be volatile, get used to it. Long term is up : )

Not getting an RNS from the board is almost the same as receiving a positive one! : ) GLA

@Senator appreciate the detail may be there in the numbers and so what is preventing the BoD from presenting themselves positively with this news to PI’s, who may not have the same level of financial expertise?

More than odd. Absolutely crazy for them to not do anything positive to fight for the company. Suggests that either they have given up or the result/plan, whatever that may be, is a foregone conclusion.

Well, to be fair, the whole market is opening down and we are holding relatively well.

Ok, so these are simply my random thoughts/questions and so please feel free to tear them apart ; )
I have to admit firstly that I was surprised about the drop this week, having expected a rapid rise following the end of the 1% sells but have come to believe that it is due to traders wanting a quick turnaround and not getting it (perhaps even Nayan selling his large holding?) they will move on soon enough, or have already, and I expect to see a rise from here.
1. GC and JB came back to AMGO, essentially with a plan together. Why does everyone think that this is not now happening or isn't part of a very smart game?
2. The board clearly want the share price to remain low. They could have come back this week with positive news to fight off JB and give us confidence in them but they haven't. Why is this, what advantage is it to them to lose the votes and goodwill of shareholders? Are they pushing us toward JB/another buyer?
3. Why hasn't JB bought to secure himself some votes already and why is he seemingly so confident that PI's will back him? Is he about to drop a takeover bomb?
4. As NICKEL said..... in CAPITALS, Peel (?) were frantically buying every share they could get their hands on a week or two back. What has happened to these?
5. I just can't see that we will simply drift toward a vote next week with no buys from JB and nothing released by the board to get us onside, in the hope that one or the other will be voted for?! It makes no sense to me.
I really do believe that this could be an incredible investment provided all goes relatively to plan long term - and it seems as though we are taking baby steps toward that.
Seriously, GAME OF LOANS!
Thoughts?

Close your eyes and travel forward 6 months. Amigo will have gone bust (5% chance IMO) or share price will be higher/multiples higher than now (95% chance IMO). Make your choice :)

choose*

So when lending starts again we won't see a rapid share price rise, Casper?

From what I can see, the buys massively outweigh the sells this morning so clearly a manufactured/sentiment around other news based drop.

Topped up : )

Well, the board seems to have turned from almost all sells to almost all buys now : ) MM's know we are onto them! Lol!

And very likely shorters......

No, its perhaps a combination of a poor situation at PMO dragging the price of TLW down (similar companies, though I think TLW is better), the high debt levels at present of TLW and of course the price of oil/current demand.

Yes, of course there is likely to be some 'çhurn' to some extent from those looking to make a quick buck, I agree with that. However, I certainly don't believe that this accounts for the level of sells going on, or seemingly going on, right now. I'm not panicking, absolutely no way I'm selling up as this has an incredible potential upside :)

I do believe the MM's are playing around with this, alongside tree shaking and collecting shares for large orders. It makes no sense for all of these sells to be happening at such a low price given the likely trajectory of AMGO. This will turn very soon.

Yes, very possibly. Moved out of TLW at around 30p and into AMGO which, with hindsight, was definitely the right move at the time it seems but would look to re-invest in TLW when I think its bottomed out. Waiting for now but will see. Perhaps I'll miss the bottom, hopefully not, but have a feeling there is more to come.