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Using your figures Anton, ,that gives an average price of $71.91....well above the $65 used to work out the estimated / guidance of 400 million FCF given during the last update.

In old money the share price was 27p at the time of the placing, which equates to roughly 400p a share after consolidation of 1 for 15,held previously...surely the company is on a better footing than it was in Sept 2020?

Of course everyone who has not currently loaded up, wants this to drop back into the 160's, fortunately for you guys it is likely to come true, as it has now dropped out the 180's, and the drop is likely to continue with no further positive news...good luck all, still think this will be 250 by Oct

...

Rns out, another positive, partnership with NatWest.

Does anyone else on here use City Index? I noticed the other day if you want to trade in Saga, it is phone deals only, so no longer able to trade it using the app. A bit of a hassle having to call like in the old days. Would that have happened coz stock availablity is tight?

See oil has dropped nearly 500 points...

If a bid does come, what do you think it will be, around £1.50?

Meant to 30p for the short term

Wow. 1.5m and 1m shares you two guys, yes I am deep in this also. But not as deep in as you guys...I have around 250,000 shares, hoping for 30p for the return to 60p longer term....just hope the market settles a bit tomorrow, and people ard looking to buy as part the new tax year, who knows with Trump in charge. Good luck with your respective holdings.

Tman75. I assume that 120k shares , not £120,000 worth?

Me you both, I thought it would kick on to 150 by.now.

Stated in the update;

"The Group intends to set out a framework for capital returns and growth through inorganic opportunities following completion of the refinancing and appointment of a new CEO."

So they seem to be confident that they will refinance succesfully.

If it s 2p a share on the completion of restructure, I will buy 200,000 shares and put them in my isa. Maybe if it ever gets back to 10p I will make some of my money back on this disaster of a stock....

ZCC, we can only dream as the price keeps dropping instead of rising on the back of this Aviva deal.

I really don't know what to say, but really does seem the market is not happy with Raul going, so what made the price go up the previous few days - what was the leak that led to that rise? Now price back to where we started.

Agree awful update, now we know why the share price has been so depressed over the last few months/year, so obviously someone was in the know. I for one, wish I had never heard of this share....put my retirement back some 10 years amount I lost in this crap.

Edochan, hope it does go to £10, I for one will be happy for you and off course for myself as I would made a profit.

Hi chatbot2. So you don't see these at £5 in the future based on your estimates? As I know many on here including me are dreaming, if all goes well for Metro then this should go up to those levels having been some £40 where there was only 72m shares in circulation prior to any dilution

Meant to say you posted Anton,

Unfortunately, even that positive article you posted cannot stop the rot here it seems, this share as others have posted on here is in a better place from some 4_5 years ago, yet once again we at 20p and no sign of the share stabilising.