By Tom Winnifrith | Monday 7 February 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Amigo (AMGO) has today given us an update on the scheme of arrangement which will, almost certainly bit not certainly, eventually see nineteen new shares issued for every one now in issue. Whatever happens, at 3.58p the shares are monstrously overvalued.
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