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Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Comment by newsimon1707on Sep 19, 2017 5:29pm
166 Views
Post# 26716402

RE:RE:Interesting bid

RE:RE:Interesting bidThey never promised 0,20$...  

They pumped fcc and use a ratio that gave you at the time of the NR an equivalent of 0,20$....

but it now looks like an equivalent of 0,145-0,15$!  Fcc almost never trade at 0,76$ the value our great CEO used for us!

we are basically getting ripped off...  Csk was trading at 0,18$ 2 weeks before the merger deal was announce...and we will basicaly get 0,15$ right now!

I expect they will play a little game with FCC's share proce in advance of the vote...but you will never be able to sell at that value short term... Price will go back between the vote and the moment the shares will be in your account!

The question is...how did our CEO came out with that ratio that is so bad for us??

vote no guys, some people are ready to take the company back on track and start the mill back, and process these stockpiles!

this will bring you more money in your pocket then getting heavily dilluted in a company with 200 million shares!...until more shares get issued in a financing!

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