Post by alender on Mar 22, 2021 22:38:17 GMT
The EA can’t have a SM as that is not a product that can be sensibly offered. AC might sell off all tradeable loan parts from within the EA portfolio and return the cash to EA lenders along with any surplus cash in that bit of the portfolio. The rump of 10-20% of not trading will then be in run off for years.
If you mean by
“die in ditch before AC invest another penny of their money in new loans “ brigade
are the lenders who wish AC to stick to T&Cs when they invested and also by investing in an Access Account expect AC to maintain as much ACCESS as possible you are correct.
The problem is as you stated "AC might" ... AC should have set out all the rules before coming up with an email that is lacking any useful information.
This is what AC do best, turn one set of investors against the other arguing what should happen and throwing statements around like the one made above about people who you disagree with. This is a divide and conquer policy of AC, just look at the Pro Rata, SM and now this.
crazy. What would I rather do, moan on here all day long, waiting for months or sell at £10 per £10,000 and be off buying equities or bitcoin in a day? Why stay and moan, of course 