Member Info for StanleyPro

still holding from previous court, I thought 30p was too cheap to part with my shares :DDD haha

@Strongwoman "Well done ever massive increase, obviously someone knows more than me here."
Obviously. :) However, do tell us your SP prediction as we approach the first hearing.

UT @ 3.84 ---> volume is tiny, still on the way up imho

Pigstick 10.00
Buzz53118 8.20
FrankyS 7.50
Biglippy 6.50
IK 6.01
Stanley 6.00
Anon.y.mouse 5.39
Bottleman 5.00
Mark 5.00
KJU 4.00
prolee 0.90

looking good so far

Please feel free to copy and add yourself to the list. So far the avg is 5.5p This is fun :)
Buzz53118 8.20
FrankyS 7.50
Biglippy 6.50?
IK 6.01
Stanley 6.00
Anon.y.mouse 5.39
Mark 5.00
KJU 4.00
prolee 0.90

Buzz53118 8.20
FrankyS 7.50
IK 6.01
Stanley 6.00
Anon.y.mouse 5.39
Mark 5.00
prolee 0.90

Rosie, talk is cheap. Just shout-out your prediction. :)

3.07p

Buzz53118 8.20
FrankyS 7.50
IK 6.01
Stanley 6.00
prolee 0.90

Buzz53118 8.20
FrankyS 7.50
IK 6.50?
Stanley 6.00

let's make a prediction table (the first hearing). I put myself up for 6p because I called it earlier. :)
FrankyS 7.50
IK 6.50?
Stanley 6.00

£2.88 - NobbyD
£2.70 - Emerald
£2.54 - Johnnytaffia
£2.45 - EM202020
£2.40 - StanleyPro
£2.38 - wokinpark

Markets do not crash when there's a bearish sentiment around

This discussion is going nowhere...
1) 42p in a pound: YES / NO --> court will decide
2) If YES, when is the payment due? e.g. March 2023
3) FCA allows to continue lending YES / NO
The above factors will determine the way forward.

Rosie, the SOA2 has to be given the green light in the Court before any equity raise. First, we have to see the decision and what is said about the shareholders. The creditors want cash, not equity in AMGO 2.0 so the Court may not enforce anything on the level of dilution etc. why would they? It's on AMGO to work out how to generate enough cash by X-date to pay the creditors. My point is that you wouldn't shoot yourself in the foot! Obviously, there's a more staight forward path to raise the money they need without wiping out the shareholders

Read the letter, AMGO clearly say that "the Board believes it can justify the economic value to shareholders to the Court and the FCA as therefore being in the interests of creditors." Regarding the amount and pricing... "This will continue to be worked through with our advisers".
Te way I see it, if it makes more sense to raise 300m from debt equity mix (through a more sensible dilution) they would go for it if FCA and Court do not object.

not stated in the letter to the shareholders which came after the RNS

Franky, market situation is constantly changing. I could argue that creditors benefit more with a more sensible dilution that guarantees survival and raises more funds. I know it's all doom and gloom now but we'll see what court says about the shareholders.

should be on our way to 70p. Slight correction, nothing to worry about.