Member Info for steve58

Also noticed that we hold Ordinary B shares which means that we can be given dividends independent of any other shareholders should the company decide to.

Hope so.

Vendor finance is mentioned on website.

This means that the seller lends us the money to buy an asset from them.

This in then repaid by us over an agreed period with interest.

This would mean no additional shares would need to be issued therefore no further dilution.

Hopefully news to this effect this week.

The dreaded venture capitalists spring to mind.

They will put up the funds but will expect a big payday.

More clarification needed imo.

Very strange RNS.

Looks like a change of of mind.

Why wait until after close on a Friday.

Looks like they have had second thoughts.

4.31pm maybe.

Unless an rns drops today we are being lied to.

If there is a problem at least inform us.

Still a few minutes to rectify the situation.

On confirmation would think a huge rerate.

Could easily do 100% plus in a few minutes of trading.

I won’t quote that phrase that includes the words out and weekend.

Could be that McColl is putting in all the money as a loan and we will own a big chunk of the bank.

No fees and relatively easy to do.

No RNS at the moment.

The analyst figure of 2.5p was without any consolidation.

With or without consolidation if we get a 20 bagger from the current sp I would be very pleased.

Just looked on IC apparently one analyst if forecasting a share price of 2.5p within a year.

Or an increase of about 90,000%.

That would equate to about £16 billion mc.

Even at a tenth of that many of us would be very wealthy.

Should we have expected an rns or it could be covered by the one issued last week where is says discussions with existing #hareholders.

It looks like we will have a significant stake in alba bank.

Would like to think on the north of 20%.

News maybe tomorrow.

Maybe some of the funds could come by way of a loan from Jim.

There are many ways this could be done.

Save a fortune on fees.

Approximate cost of 6 Big Macs and a donut.

Nearly £10 a share then.

The only downside would be if this time is if the government taxes the banks extra on profits.

Although wouldn't affect us for at least a year.

Today would be great but can wait.

Could be the next 20 bagger here.

Seen it recently in capai alrt to name but two.

I wouldn't think £50 million mc would be a problem.

The biggest problem for some of us is just how high the sp could go in a relatively short period of time and when to sell any.