Wasps downward spiral... (3 Viewers)

Forums New posts
clint van damme

clint van damme

Well-Known Member
For those of us that dont follow rugby am i rigjt to say this wasnt a league game?
If it is the cup is it perhaps the equivalent of the Checkatrade?
 
clint van damme

clint van damme

Well-Known Member
CanadianCCFC said:
Regardless, a wasps team that was apparently near full strength lost badly to a saracens reserve team.
Click to expand...

Was thinking more about the low crowd.
Could that be because it's not a very prestigious competition? Hopefully not and they are in full decline.
 
chiefdave

chiefdave

Well-Known Member
clint van damme said:
Was thinking more about the low crowd.
Could that be because it's not a very prestigious competition? Hopefully not and they are in full decline.
Click to expand...
I logged on to their ticketing site a couple of weeks back as somebody had claimed it was £60 a ticket. Bollocks of course, tickets were a tenner and as soon as I went on the site an offer popped up to get 4 for the price of 1!

Admittedly it is a cup game but this is their only domestic cup competition as far as I can tell so not quite in the realms of the checkatrade. Given it was a very nice day, no Cov Rugby game, we didn't have a game and a later than usual start to their season meaning people should be desperate to see a game it doesn't bode well.
 
Grendel

Grendel

Well-Known Member
Terry Gibson's perm said:
How do these things work when it comes to the final day do they only get the value on that day or is it the original value?
Click to expand...

Well it depends if wasps will honour any shortfall which they have I think indicated that they would
 
SBAndy

SBAndy

Well-Known Member
Terry Gibson's perm said:
How do these things work when it comes to the final day do they only get the value on that day or is it the original value?
Click to expand...

Wasps would have to repay the full bond at £35m (probably through a refinance). The trading price gives an indicator of investors’ confidence in getting their money back as a general rule.

Say for example you’ve invested £100, at the end you would be eligible to receive the full £100 back plus you’re getting interest payments equating to £6.50 a year. However, there’s always the possibility of default which would mean you get nothing back. If you have that fear 4 years down the line and someone offers you £80 for your holdings, you may decide that you’ll cash in to avoid the risk of losing your initial investment.

Of course, there are other reasons that people would sell for below face value, but that scenario above is the general rule.
 
Grendel

Grendel

Well-Known Member
SBAndy said:
Wasps would have to repay the full bond at £35m (probably through a refinance). The trading price gives an indicator of investors’ confidence in getting their money back as a general rule.

Say for example you’ve invested £100, at the end you would be eligible to receive the full £100 back plus you’re getting interest payments equating to £6.50 a year. However, there’s always the possibility of default which would mean you get nothing back. If you have that fear 4 years down the line and someone offers you £80 for your holdings, you may decide that you’ll cash in to avoid the risk of losing your initial investment.

Of course, there are other reasons that people would sell for below face value, but that scenario above is the general rule.
Click to expand...

No one of course knows if moonstone have a sizeable investment or not which would act as a buffer if the did.

Part of the £35m was to pay them back but it seems further means have been made since
 
Otis

Otis

Well-Known Member
CCFC54321 said:
My brother in law told me the other day the 3 wasps season ticket holders in his place didn’t bother renewing as it was utter torture last season and this season I sent expected or get any better.

Possibly as relegation candidate?
Click to expand...
Ridiculous them buying ST's last time out too.

Anyone of us on here could have told them that going to Wasps games would be utter torture.
 
O

oldfiver

Well-Known Member
SBAndy said:
Wasps would have to repay the full bond at £35m (probably through a refinance). The trading price gives an indicator of investors’ confidence in getting their money back as a general rule.

Say for example you’ve invested £100, at the end you would be eligible to receive the full £100 back plus you’re getting interest payments equating to £6.50 a year. However, there’s always the possibility of default which would mean you get nothing back. If you have that fear 4 years down the line and someone offers you £80 for your holdings, you may decide that you’ll cash in to avoid the risk of losing your initial investment.

Of course, there are other reasons that people would sell for below face value, but that scenario above is the general rule.
Click to expand...


If you buy @ 85 you still get 6.5% on 100 - I think that is roughly 7.6%
So if you want a gamble thats quite a high interest rate and you might get 100 back on your 85.
 
You must log in or register to reply here.

Users who are viewing this thread

Total: 3 (members: 0, guests: 3)
Top