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Untill CEO go away this share will be like this as this company proved its history about leadership from CEO. He cant expand forever and losing money on very years. That isain trouble and he doesn't want lose his control to any else. Many big or small fund buy to hope business growth but in the end they sold it for losing money.
CEO need to go .
If someone with intent to invest 450 millions why dont buy whole company and get risk off all responsibility with very cheap price now? That is what outcome for this kind of fund company need and then shareholders will be gone. Many company in the same situation and all of them sell off with new ower then old shareholders disappear.
Big fund don't kind enough to give their money to help poor one . They only want to make money on other debt with cheapest entry and then gone.
It is cold now and waiting for end of year results RNS. Shorters are so confident as they think it will down . PIs are more confident thus is under value and this RNS will kill shorters. We will find out but last time they update share increases double so what about this time?
Let me reminder PFC said more than one time they wuld like to sell some non core assets if that can make a deal so share will back up 80p as simple as that . Can they do that ?
It is leadership and CEO make this share lost its value. Bussiness base good and yoy increases income but its share values lost a most . We need the way vote to change CEO then should this share back to 1000p. CAnt believe this one over 1000p now you can but at 68p , Over many year value have been build in but why its share lost it ? He cant be a good public CEO at all .
Short selling is the way to keep share value balance as if ban shots share maybe they use media to pump share then run away like many AIMs at moment. That us why it is important to keep both side on the war as soon as they pump it some one will take it down . .
Many AIMs company use this pump and drump that cost a lost momey for retail investors . So dont ban shot as that will make opportunities for whoever enter and exit to make money . Yes we are all makingmoney that is including long holders and shorters . Nothing wrong about that .
You can buy as any share as you can afford at moment around 9p and sell it when it up. Nobody tuch this share when it need big fund to do it job. Untill fund secure and its future will brings more buyers as nothing for sure at moment . That is why all big holder run away and they drump this share as they first to keep their capital secure then doesn't care this will multi bags or disappear . Many mines have been dumped and that show how risk it is when nothing certain .
Schroder says they notified PFC on 1/12/2023 ...PFC notified the market on 10/01/2024
If this is true and have public domain so we can send all this info to FCA for investigation as they cant withold this info over month . This is completely wrong and should face big fine as they break the listing rule . This is 250 so it is more stringen control and not like AIM company base on NOMAD on RNS .
Someone can find all RNS about this case and sent it to FCA as this act from company destroyed a lot value and make retail lose money as we cant get corrected and timely info .
Shorters not moving to close so they are confident something very bad and share must be lower than 28p now. There are some concerns about fund and CEO said that they want to sell some non core assets. If that can execute so shorters will burn then share will back 70p soon.
Full copy of text on AMGO from FAC website so someone interested in reading , There are more to learn from.
https://www.fca.org.uk/publication/final-notices/amigo-loans-ltd-2023.pdf
Yes I have said that Amigo have market CAP over billion but the same with situation as CBG now .When someone sign some thing to borrowed money they just do it for their enjoyment at that time then they will try all the way to claim it back as they didnot care so in the end lender get the hit.
Uncertain put a brake on any development of company in the futures and investors withhold their money too. It will going throught very bad long term effects on its share price.
That guess 200 million fine is reference not really come as they only pay back different interest at that time they charge for customers. Wholeast year they only income 112 million if they must pay 200 millions so it will be disapper on market .
Nobody sure what will happen yes as that why share down 70% maybe it good to buy now and hold it next year .
How Schroeders report late over one month about reduced holding RNS? Can they do that as that is sensitive unfo must be info to company after 3 days not month. We dont know as usual RNS about holding in report three days not a month . Can we write to FCA about how Schroeders report and potential connection with shorters as that time most of shorters increased thier shorted?
This will down more as uncertain in terms how much money it need to deal with matters. Business in good health but market doesn't like uncertain then with more shorters come in so waiting more time to settle down not bottom yes.
402.20 265,217 Buy* 397.40 402.20 1m that is sold in the morning and share drop instantly to 402p , now they show it buy but that show someone constant selling daily as much as they can. There will be TR1 soon and share will stop down trend .
In the morning huge drop price show only big sell order that will pop up when close today , Daily they sold about 1 million shares so who is selling at now? Until they finish all of crazy sell share will drop more .
Everyday someone drump 1 m shares and today 2 m shares as that only runaway from big boy . Until we have RNS TR1 show who is dumping at moment . If there is no RNS next Monday so drop to £3 not far away and this will kill off share very quickly.