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R.I.P for amigo date due course.
The Board expects to propose a capital raise of approximately £40m, which will include the 19:1 ordinary share issue mandated by the Scheme ("the Capital Raise"). In addition, Amigo will raise debt to support future growth. The Company will seek to facilitate meaningful participation by its existing shareholders on a pre-emptive basis, underwritten by one or more institutional investors whom it expects to account for the majority of the Capital Raise. The structure remains under consideration and, due to its complexity and the uncertainties of the market, Amigo reserves the right to make appropriate amendments to the size and terms of the Capital Raise. As a precursor to enabling a successful Capital Raise, work is continuing to reach a settlement of the FCA's Enforcement investigations into affordability and complaints handling.
@jimmy
Amigo said last year they said if court didn’t accept our scheme we will go in to administration. They didn’t stick to what they said.
It will raise fund via equity. JPM or other company will buy 5 to 10% equity of amigo.
19:1 is not possible. They will not raise fund from share holders or share issues. This is amigo trick to crash price till second court hearing.
I have been average down last 6 to 8 months. But no more average down. Will sold my entire holdings. Good luck all
I think some sort soa2 agreement done by fca with amigo. But they don’t want to benefit to share holders early.amigo don’t want give any signal to market. They want SP down at moments. They may release RNS early January then boom.
Amigo have taken enough time to discuss with fca.
Please share buy and sell volumes. Thanks
May be another 4 to 5 months
Buying opportunity on the way
Other stocks sharply fall today due to new variant. People switching fund from amigo to other stock
Q1 results was good . Hopefully half year results will be decent.SP will move on Soa2 announcement.
Sp drops slow by slow everyday till RNS date. Once RNS drops it will ?? Maximum few weeks left
I hoping we will get RNS Early December. Waiting is just rewards. We haven’t seen big sellers on RNS so far yet.
?? amigo will boom 100 p as per Vinson List May soon or later
May be bumpy RNS on the way. # Vinson if you watching chat please share your view.
13:05 @ 105 k sell
@clintek is all buy or sell ?
No Big sale announcement
They said it will sort it before end of this year
Few more weeks waiting- game change
Vinson announcement - Relax
It will ups and down till end of the year
Let’s enjoy YouTube till sp reach 999%
Are we waiting for any RNS this or next week.
Not soon be blue , soon in few weeks will be ??
I think Vinson silence will be saying a lot. He might got some internal positive information. Don’t want share on this forum.