Member Info for steve58

They may undercut other lenders therefore generating additional business.

I must admit business confidence has shown a large decrease this year.

I won't mention the problem as most of us already know that.

They can also take deposits and can make a tidy sum that way.

Assuming any businesses have any spare monies to deposit.

They must have known the licence was imminent they told us themselves.

Surely a loan from Jim would have been easier converted into shares as the business gets bigger.

Ok would have saved the bother of issuing an additional 600 billion shares and taking a massive dilution in one hit.

Straight investment so added to company value instantly.

And free from exorbitant fees.

It all goes to add on to our albaco investment.

Just topped up at .0034.

Just bought another 24 million.

So falling now but should be many times current price in a relatively short time frame.

My thoughts entirely.

Another positive is that any monies raised are being invested directly with no underwriting costs.

The bank cannot trade as a private company so will have to be a listed company.

The only quick route is for an rto.

With a main market listing to follow and a public offering.

Anything possible.

That would probably take our stake to over 50%.

That would definitely trigger an rto.

Their loss is our gain.

And a share consolation soon after.

They will not invest in such a small mc company.

Once the banking business is up and running they will start the buying frenzy.

Huge dilution to start but looks like our holding will end up over 20%.

I would think an rto will then be announced.

Not sure if private individuals can e mail newspapers with the news.

It is now in the public domain.

Our stake could easily be in excess of £10 million in a very short time.

Alba bank website not yet updated but probably going full speed ahead on it.

Their will be a lot of businesses eager to deposit and borrow money.

1p would be great for starters.

The spread seems to have shrunk hopefully encourage more buying.

Of course this could have been their strategy from the start.

Other than a few other smaller investments the company is ready to go.

McColl is a director here so the pieces are coming together nicely.

Albaco are currently a private limited company so have to go public.

The quickest way would be an rto and only one company comes to mind.

A lovely thought.

They will get a stock market listing.

Aim at first but probably a full listing very quickly.

We are talking big money here .