Member Info for Tegop

I will not presume to know everything. There are thousands of pages of legal documents in the dockets and a lot of negotiation behind closed doors. Not even accounting for the things under NDA. I havent even read the new second disclosure statement.

They only recently hired an audit company. Waffen should be satisfied to hear that. He is of the mind the estimates are off by a longshot.

You mean like in SPACs? They will still have to buy all 1.3b shares though.

Are you saying someone can buy cineworld's shell / tax deductible losses / IP / brand?

Possibly, except we do not know how the tax liabilities will be handled.

It is noted in the documents that US bankruptcy cannot cancel UK listed shares. UK ancillary procedures will happen after C11 concludes. Until then, or maybe even after, shares will not be suspended.

Unlike you, I do not intend to convince anyone to buy, sell, or trade any stocks. I respect you having a different opinion and I expect a similar kind of respect.

I have a DD and will stick to it. Good luck with you and yours.

Voting for creditors close at 08 June 23. They are presumed to reject but the plan is expected to pass anyway.

NYSE and LSE have different rules.

I asked the same thing and I got the answer that delisting is different from suspension. The AGM was to prevent suspension.

Maybe if you shout loud enough wolf and hexam will comment to clarify.

Just means more buy offers than sell offers. The amount of trades(shares exchanging hands) should be equal.

It's 40/60 on one side, plex judgment and bny. On thr 60 side everyone else with claims. Mostly on regal. 5b got the better part.

I do not notice much difference except they divided the GUC to 5A and 5B claims. I assume this is to prevent BNY Mellon and plex from hogging the GUC pool due to their outsized claims.

Row Sale is also no longer mentioned. But that is moot as it is no longer for sale.

Anyone else see anything new?

Bought now at 1.12

I have a 99k share limit buy at 1.1p. hasn't triggered for 2 days now.

High frequency traders(II's and MMs) do not have transaction fees.

This is why you shouldn't argue with random internet strangers when you're drunk.

The plex judgement is included in the GUC pile. They will get paid back between 0.5 to 1.2 percent of their claims based on RSA estimates. They could have settled with CINE for triple that amount and Cine could have had better lender options without the court cases looming.

This is all a bunch of what ifs and we really do not know what goes inside the closed door negotiations they had.

And how much money did you make shorting?

The lenders did not extend CINE because they wanted the assets instead of waiting to get paid back. But that is hindsight. Is that your superpower?

Wow, a post from 2022. I was wrong about that as you may see.

Why did you need to backread like 500 posts? Did someone hurt your feelings?

JohnNth is like a homeless guy telling everyone the housing market is going to crash. Stop fantasizing about other people making/losing money. Don't waste your time on something you are not invested in.