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I might be wrong but I thought the FCA were due to go before the select committee on July 7th? And answer questions!
It doesn't look like it happened?
Did they simply not turn up?
The FCA have got some serious questions building up that they must answer!
2p?
If the FCA feck us over until Feb 23 it'll be 1p!
Fill yer boots cos after that, this cash cow will take off!
There's nothing any of us, including Amigo, can do about the FCA. They'll be striking soon about their pay and bonuses lol
Greedy corrupt s hites!
The FCA have already agreed to resume lending, it was a part of the SOA that has been sanctioned. They have agreed to let lending resume no later than 9 months of the scheme being sanctioned.
It could be sooner or they could hang it out for 9 months but lending WILL resume no later than 9 months from the sanction date.
TheMadStork, shurrup deramping.
This is a long term investment now, it's always been a gamble but the boxes are being ticked. For the investors who can take up the RI, or the savy investors who slice to take up the RI it will come good.
In 5 years time you will wish you had realised that.
hotmessexpress, hold tight and see what happens to the sp.
There's a lot of social media activity going on with RewardRate at the moment. They are getting everything in place ready for the launch.
We're all just waiting for the FCA to say YES.
You've lost the plot fella...
Because IK posted this, or did you mean to post it as Novice82 lol
Gary said they have to raise £15m+new operating costs.
£15m equates to 0.0315p per share held. New operating costs are unknown yet. I hope they gear it to make it less painful for us!
IK will you revert back to Novice82 later?
It must be fun pretending to be two different people.
I remember it well HH ;-)
The all important figure will be announced when they know exactly how much they need to raise.
The sp for Colin is irrelevant because he has the funds to take up the RI. For others who don't have the funds they will want the sp to rise so they can slice some shares to cover the cost of the RI.
Colin, do you have funds to take up the RI?
Be very careful about the advice you are given on here. Do not put it in the bottom drawer and forget about it! If the raise is 19/1 which it looks like, the value of your holding will be 5% of what it is now if you do nothing. If you have the funds to go through the RI that would be your best option but it will be a long term investment, 3 years+.
I wish you well buddy, good luck.
Of course this is just my opinion, not advice.
Very positive for the future.
It's coming! Don't let the MM's rob your shares!
Mtel, nobody knows buddy.
Just hang tight and see what happens.
There's some exciting stuff happening! Save some dosh to go through the RI, or sell up when then time is right for you.
Something big is coming .
The Facebook page and Twitter page is all set up.
RewardRate. Com
Coming soon.
So it looks like it's all down to the FCA to say YES.
7am or 6pm Friday July 1st, all set for trading to begin on Monday July 4th ;-)
A fresh new start to the 3rd quarter.
Be careful people, don't set stop losses or they will rinse you!
Stinky hahahaha
We've been here a long time Franky, I understand the frustration.
Jake was very cagey, he knew exactly what he could and couldn't say.
Scotcha, just pm'd you.
I won't bother sharing any info on lse anymore, people can do their own research if they're gonna have a pop at me.
BeastlyD, I generally like your posts. I don't know why you're having a pop at me?
It is a case of waiting, I don't see how my posts conflict?
This will come good and it might, might happen on July 4th, the start of the third quarter. That would tie in with the 2 week comment by Jake.
I am 100% positive about Amigo.
Maybe you don't get the jist of my posts?