Hexam it could be argued that todays RNS cleared the air on this big stuff that is coming and with the results due on the 22nd September it is five days outside the normal 1 month closed period prior to results. Has he not done something similar previously?
"In connection with these initiatives, the Group remains in active discussions with various stakeholders and is evaluating various strategic options to both obtain additional liquidity and potentially restructure its balance sheet through a comprehensive deleveraging transaction. Any deleveraging transaction will likely result in very significant dilution of existing equity interests in Cineworld."
I'd say advance warning of a Debt for Equity swap and massive dilution to existing holders.
That just about tells you the total scepticism with which investors treat anything that comes out on the Bumbly telegraph these days.
Has to be fully delivered now on RNS as nobody is interested in innuendo and trying to piece together an elaborate jigsaw that never ever seems to get completed as there always seems to several pieces that end up missing.
Who is this new ramper? Ask yourself who has actually been providing the Iranian airport security in Iran for the last 4 or 5 years rather than thinking Iran has closed its airspace waiting for WSG and America to resolve things. Please keep it real.
Wouldn't want to be out of this going into next update. I think I'll pass.
Bank of England Interest rate meeting29 Jul 2022 23:14
I think before everyone gets too excited they should maybe take stock of what might be decided and announced on Thursday next week and how it could affect all shares. The Times are expecting the biggest rate rise for 25 years.