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Hi Gmf1991. Please could you share the plethora of evidence that a strong social security system promotes economic growth. A google search didn't throw up much, some of it pretty old, all looked pretty inconclusive. I'd appreciate the opportunity to peruse the evidence you've obviously seen. Also, any comparative analysis of social security systems, especially those showing that the UK's is relatively miserly. I thought it was pretty good taken in the round. Rather than just cherry picking a couple of small elements of it.
Many thanks in advance.
Insolvency beckons. Or a takeover at who knows what price - Blofeld have probably already marked it down. Or, or, it may just manage to refinance. That would involve a humungous equity placing, presumably at a discount to today's price, potentially diluting current shareholders to oblivion. It's like an AIM company in death spiral financing at the mo. But, still potentially a bit of money to be made on a dead cat bounce.
'Very significant discount'. A phrase to make the blood run cold.
And yet buying has been matching or outstripping sells since the offers were rejected. Sure part of the plunge is because of that - but part is down to relentless bot trading, which amplifies swings. This will bounce back to a more reasonable level when the bot locusts move on to their next feast.
I refuted Docs lies and assertion that I 'could not have a reasoned debate' by citing publicly available information, which now means I 'don't want to hear anything but positives'. Lol. I bet Vin is paying you peanuts too, eh Doc? Have you doubled down yet?
True, but it's very rare to hear about whales who make money. If you think about it, Buffet is a whale, but you never hear him described as such. To become a celebrity (or notorious) whale does seem to involve losing ridiculous amounts. Cos schadenfreude I guess.
Not so, Tamer. Google Bruno Iksil, aka The London Whale, a JP Morgan Chase trader who managed to lose $6.2 billion back in 2012, when each bitcoin was worth around $13. It dwarves Nick Leeson's paltry $1.3billion losses. Whenever I take a hit on stock trading I like to remember that it could be worse.
Andsoforth sure does like to post about SAA, a stock they purport not to be invested in. And has strangely similar views to DocDeramp (who btw appears to be entirely unfamiliar with the concept of hostile takeovers, even if the hostility is only aimed at a minority shareholder) despite a patently manufactured 'disagreement'. It's more fake than pro wrestling. Are they related? I think we should be told.
Dear Doc, may I refer you to the RNS of 5 May 2020 advising that Vin Murria had acquired 13.5% of SAA. A quick look at the share price chart will show it absolutely cratered late March 2020, hitting around 35p, before recovering somewhat to 44p by 1 May.
The market is simply tracking the NFC price.
And I'm not 'suggesting' you are deramping. I'm simply observing the fact that you are. And wondering why.
Doc you are not quite right. Vin's 22.3% is not in itself enough to absolutely block a bid. Given that she bought in at around 40p per share, she'd be looking at acquiring a massive chunk of the new entity essentially for free. I think she's trying to squeeze a bit more out - and why not. But I think she's too smart to kill this off. You have been relentlessly negative about this since the start. Why is that?