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Results: AMGO

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Amigo is telling shareholders it may go bust but mug punters bid the shares higher anyway... whatever

Normally companies will do anything they can to stop auditors or anyone else saying that there is any uncertainty at all as to its ability to continue as a going concern, that is to say not to go bust causing investors to lose all their money. But today, loan shark Amigo (AMGO) stresses most clearly that there is a material uncertainty and still its shares are bid higher. Crazy stuff.


Amigo is still bullshitting – fake threat of insolvency

Another day and another statement from the loan sharks at Amigo (AMGO), folks who – as a judge pointed out the other day - are A grade bullshitters in the league of Julie Meyer. Yet again, Amigo threatens folks, quite unnecessarily, with the spectre of insolvency. The company’s market update today is just plain disingenuous.

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