Member Info for Tegop

Why do that 2 days before the AGM? why will that increase the SP?

Hindsight bias.

Thanks poor. Good luck to you too.

@Shazabo l did double down and I have close to 1M shares. Now for the diamond hands.

Nobody knows what the lowest point was...

Except maybe poor.

They probably ran out of ways to scare people into selling.

The AGM is 2 days away. My theory bets that they will put a tender offer for all the shares on the AGM between 1p and 5p. Longshot but that's my wild guess.

That, or they will suspend trading without recourse.

It's too late to start a DD now and you would be jumping in based on speculation and emotion. No one in this board is here to tell you what will happen next and what to do with your money.

That being said, there are lots of informative discussions here.

That's the most ludicrous thing I have read on this board today. And Ian has already posted. Well done.

The fan club is loud today.

They forgot to say there will be no recovery after row sale. This is two rns in a row now.

It will be slow until the AGM unless there is a leak.

Even then, no one has any idea what they will tell shareholders.

1.46B is going to be used to pay the DIP.

Latest docket clearly stated delisting. In fact, suspension is not mentioned even once. SPA got a few mentions too.

Suspension is by FCA, while delisting is initiated by the company right?

@wolf @Hexam @waffen

Is suspension essentially the same as delisting? Just asking for a friend.

The fact that the SP is not zero means somebody is willing to hold the shares. Risk averse IIs and etfs that have a duty to exit when bankruptcy is declared are already out the door.

There are still some insiders who cannot sell, high risk IIs and some PIs like us.

AGM will be this week and the deadline for Auction will be Monday. GLA.

Crown Finance US(Regal) is a US entity and is the Borrowe of the DIP. CINE can dispense with its Assets by following US Rules without touching Cine capital or trigerring uk laws.

They have armies of lawyers to make sure this goes without a hitch.

It's easter and the Messiah has Risen.

At least do us the decency of putting your money where your mouth is. Enough with the moral highground from the uninvested.

It's going to be boring until 24 Apr or we get leaks from 'people familiar with the matter' again.

I think this is as high profile as it gets. Still, common on high profile cases.

This type of wipeout is uncommon. Usually they dilute by printing the same shares multiple times to effectively dilute 100:1, 1000:1, or even 10000:1.

Or they have a mechanism to convert legacy shares into shares of the newco.

Aeromexico or Latam Airways have been more recent.

They initially said significant dilution, but now they say no recovery.