RE: What are peoples thoughts about tomorrows SP and the week ahead?15 Nov 2020 19:20
Mark, any change to the funding would surely alter the terms. So, let us say they up the facility back to where it was prior to paying off £50 Million in the summer, for instance, then any previous targets could be renegotiated. The RCB have run with us, if they can see the FCA is being sorted and we are going to lend again with FCA blessing, it is in their interest surely to move this onwards and upwards. After all, there would be a lot of money to be made here for them as well if they invested in some of the shares OR, regained if they already have shares at a higher SP. The fact we have been put through the grinder by the FCA and FOS will surely mean, all i's and t's will be dotted, crossed, checked and checked again before loans are granted in the future. That will make them even more secure and hopefully profits will flow. Interested to hear your take please.