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Comparisons (AMGO v NSF)
Same market sector
Loan book bigger in NSF
AMGO market cap £2m
NSF market cap 450k
Recent director buys in NSF
NSF Still being backed by institutions
Amigo is in an "orderly winding down" situation. Are NSF in the same ?
“Woof woof” Are the court really going to let these crooks get away with a £90m raise whilst only putting £14m into redress. Anyone who thinks this is a winning play is stark raven
The Board is continuing to consider a range of options for the NSF plc ultimate parent company in the event the Alternative Transaction is implemented, but the most likely outcome is an orderly winddown following implementation of the Alternative Transaction. In the event that the Scheme is not sanctioned by the Court, or the Scheme is sanctioned but the Proposed Recapitalisation and the Alternative Transaction both fail, then the Group would remain insolvent and the most likely outcome would be a Group-wide insolvency (most likely administration), also resulting in no return for current shareholders.
Yup its in black and white buts these always do several hundred percent before they die. its worth a trade my moneys on 2 to 300 percent then the buy out rumours come and its time to sell all imo
Seems to be the only stocks that multibag the ones due to die
So RNS reminds (again) that there's no whatsoever residual value left for shareholders and for some reasons sp is still not 0.000001?
Be carful here.
They now want 0.13p to buy but it's 0.080p to sell.
They will do the same as they did with PURP..
You won't make money on this with a 50% spread.
The MMs have it sewn up
Share Price:
0.08
Bid:
0.08
Ask:
0.15
Change:
-0.095 (-54.29%)
Spread: 0.07 (87.50%)
Wow that is actually correct.
It is an 87.5% spread
Unbelievable
60% spread and they are not moving it.
0.11 to buy and 0.080p to sell.
Not tempting at all and I can't believe traders/gamblers are buying this.
It was only 0.15p to sell even before the last RNS stating its all over.
You have to get a sell price of 0.12p to even make 8% profit after fees and that is not going to happen obviously.
This is definitely one to leave alone
Exactly Neil look at the amount traded it’s tiny as the spread is so large…