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Yes
I’ve got approx 14k tied up in Amigo but they’re only worth about £500 so I’ll be holding out for an investor as it seems worth the risk now.
Viking818 lol 😉
Get ready for the usual Wednesday pump and dump 😆
If your average is .07 (0.07 ??) and the current price i s 0.50, surely you already have significant profit?
7M shares at .07p average.. Holding for gold.. If not, its one of life's gambles.. You have to do at least 1 mental thing in your life..
I have virtually the same amount Mick - at slightly less than 2p.
If it goes anywhere above 2, I'll be cashing out - hopefully shoot up to 3p.
If funding has been secured, I would expect the SP to hit a minimum of 5p IMO. Fingers crossed. I have £2000 punt money in here at 1p average.
DYOR
Nearly 3 million shares bought this morning... they may not be worth what they once were but an uptick in volume we've not seen for a while
Woul dhave thought there would be more movement if there was any sign of funding.
Mr Fleming won't have started this process without having backers for a large chunk of the funding already. Could he have found the rest?!
Buyers think so!
Funding plan found?
I get your point, but I'd have to make £9K profit, given the reduced allowance this year, before I could offset anything.
It seems that on this board, losing money is a prerequisite to having a seat at the Amigo discussion table.
I say again-why on earth would a salvation investor here put his money up without torching the existing equity ,in the safe knowledge that the BOD are in runoff with no plan B?
It’s over
Sounds like the crack heads aren't just in Sainsbury's car park !
Do genuine shareholders acutely believe that prob the crack heads in Sainsbury’s carpark but not real shareholders who in it to make money not gamble it away 🤣
The initial shock horror reaction, OMG Amigo have found a way.
Then the tears running down their little red cheeks.
Then the toys being thrown out of the pram lol
I honestly do feel sorry for the investors who have lost money in Amigo but I have no sympathy at all for the ones who sold up and continually post on this board because they are so bitter and twisted that they can't imagine for one moment that a rescue plan could happen and they've ballsed it right up!
What will be will be....
You do you ‘flyhigh20’ Namaste 🙏 GLA
Enlighten me where all this good stuff is about how amigo loans will pull it off a email I seen ends with second payments to creditors will be paid in may 2024 (when amigo go into liquidation) when using terms like that says it all
I will buy if it survives not under these circumstances. Will be plenty of up cycle to run
Nom nom nom, feed me more at this level. Been filling my boots. Don’t worry ‘luckysods’ I’ll keep them warm, and you can buy them off me in a few weeks ;-) GLA
Your all going to have lots of it soon as this site is going to be deleted along with the shares.
You must all be good at this share choosing for profit. All you have to do is offset your losses on amgo against any capitol gains taxes you have above your allowance and bobs ur uncle you have lost nothing. Simple
FB, I seriously have written my investment off.
All of the comments from the doomers are comical, they must have sad little really unhappy lives lol
If it takes off sweat, if not, Hay ho.....
I'm just here to keep the balance with tosh you spout... 50x from here... my lord, and you question anyone else's mental health... you have absolutely placed yourself as number one dunce with this absolute cracker... drum roll.... "The fact interest rates are increasing is positive for the Amigo business model". Classic, this is why I'm here, I don't even have to pay for this level of entertainment.
1) Amigo needs to borrow money to lend, higher interest rates mean Amigo borrows at higher interest rates. It's just basics.
2) Higher interests equals less money in peoples pockets. Rents/Mortgages increase to over the rising costs of the lending. Again, basics and this has literally dominated the UK news for the last 12 months (and your head isn't in the sand?).
3) in the current environment of rates going up, FCA have been asking lending firms to provide options to their customers to help them, such as mortgage repayment holidays etc... people are struggling to meet repayments on lower cost debt. How are they going to repay higher cost debt?
Pretty sure Danny even said on a call that the interest rate environment increasing couldn't have happened at a worse time.
I could go on, but what's the point. Keep posting drivel for the likes.... they must get you off... which makes sense... the B in FlloydBanks is obviously a typo.