Member Info for You_Having_a_Laugh

So what it means is they had real/firm offer but it was not acceptable so they didn't present it to the shareholder base.

They could have had a firm unacceptable offer. That would still meet the description.

 HSBC must be happy with what they see if they are OK to revise covenants. That means RELAX them, not tighten, and conditionally extend the expiry of the current agreement from 31 July 2022 to 31 July 2023.

I want to know what are the new covenant terms and what conditionality on the extension. HSBC wouldn't have moved much unless they were sure it was a good risk, meaning much better business.

8 hrs then we know what the trajectory looks like. The wording of the forward looking statement will be interesting with a £3M available to support medium term growth, no funding round needed, no dilution and HSBC happy to reset facilities. Up!

If holding gave me indigestion I'd sell bakky.
Some decent t bargains have just flown past the window in the past month.
I'm questioning my reason for holding. Its tantalising as it MMX could ge bought out at any moment and that's all of that keeps me here. I have zero expectation that any dividend will be much of a decent yield to start with. "Progressive " is a swear word to me and an excuse for starting payout being low and slow.

He'll do until it gets sold. Just a placeholder.

For £2+ else why let go when it can get back there anyway? I love buying stuff that is 90%down peak to trough that doesn't go bust as good things can happen. This one will battle it's way back up and on a better footing than last time.

I'm thinking of this as a 6-10 bagger in 5 years so it gets back toward previous peak of £2+ with more reason for it to be there this time than there was last time it was there. Just hard to hold it that long.

A good piece of writing and should help everyone.

Good luck getting the Gov to respond quickly.

They have more products and services for buyers than sellers so the sell side is wide open to grow if they launch services in that area to balance their offering.

With more products for purchasers than

Since March 26th most of the higher volume days have been green days. Blue if you prefer.

Well that was unexpected. With the Interims on the 29th they couldn't add too much detail I guess. What what will they pad the Interims out with now this has been released.

Shed loads but it is applying a discount so there is profit, just no sign-on fee for the buyer.

What's their revenue?

I think you are correct.

Looks good for SME just when any help at all is needed and hard to come by. Noticed the volume too and I cant help but think the volume is in the buy that has waited for the sells to come to them. I've bought.

For sure not at a price that's good for PI's.

bunco I should have slowed down, page 121, £12.8M. Amounts falling due in one year. Most of it for subsidiary undertakings. About 25% is bank loan.
Either way it's not an attractive proposition to new investors vs other opportunities and its underwater in total to more than £30M to the bank. You can't argue about that.