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Stevie - you seem to put faith into people, when you know their name, without googling their name. What’s weirer?
I’m really not having a go at anyone, just encouraging people to do their research, as any sane person would.
I’m also not encouraging (and have never encouraged) people to sell their amigo shares. I don’t have as many as some, but over 200k still and think there’s a reasonable chance soa2 gets approved and then a slightly lower, but still reasonable, chance they start relending at some point.
Googled the name yet?
Plus I haven’t said anything about Vinson
Just stating what a google search into the name that has a major amigo holding returned about someone who at the very least shares the same name, with the same nationality, living currently in the same country…… it doesn’t mean it’s him and as previously stated, I’m not claiming it is him.
Just enough there for me not to get as excited as you, dear.
Have you done much digging into that name Orwell?
Again, not making any claims, just asking if you’ve done much research before using terms like ‘no skullduggery’.
I’ve chosen to be cautious after having stumbled across someone with that name with an incredibly shady past.
I don’t disagree with that timeline Stevie, but with how things have been, I can’t help but worry that the recent letter from the FCA may contain information that would make me consider bailing out at the current price. I doubt it, but I wouldn’t mind finding out in a timely manner.
It’s fairly obviously that II’s could find out if they wanted to. We’re majority owned by PI’s. It’d be nice if the board acted like that occasionally. There are several posters on here who own more shares than the entire board combined.
Frustrating.
Given that the board received a letter from the FCa nearly a week ago - when do you think they will share the contents of the letter with shareholders?
Quite irritating that they haven’t already tbh. All we know is that it “ raised some issues which could impact on forward looking statements”
I’m guessing institutional investors probably already know.
It depends how you interpret the use of "fair" by the FCA.
I think they're asking for shareholders to take the same haircut (proportionally) as creditors. I could be (and hope I am) wrong. I've taken a much bigger haircut than that already. I don't think that's how they see this though. For the purposes of painting the picture they wanted to paint to the judge (and only for that purpose) the FCA seem to have started the timeline from just before they said they wouldn't object (but reserved the right to).
Financials next week could be decent?
Reckon?
They're trying to get an SOA approved on the grounds they will go into administration if it's isn't approved. I wouldn't be expecting the financials to be even close to decent.