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The way I think bonds works is they start off with a par value so think it was £100 for a bond (you actually had to buy £2000) to get one at the start, this bond then entitles you to 6.5% p.a. Interest on your bond and the full £100 back at the bond maturity date in this case 2022. The bonds are...

Since the update I’m getting loads more kills, don’t know if it’s same for everyone?

some thoughts from some bonds holders on an investors forum Wasps Consent Solicitation - The Lemon Fool

Not it’s not just on here though is it Someone posted a link to an investor forum where people had concerns re bonds and had sold them.

The ricoh is classed as a tangible rather an intangible asset, is being recorded at fair value rather than at cost, which is perfectly allowed within accounting rules . Intangible are things like goodwill, patents, development or software costs which are much harder to value. Goodwill is...

2. Stadium sponsorship - Has a new sponsor been agreed? I though the current deal was up but they were having issues trying to find a sponsor, last I heard JLR were the preferred option for them, but they are not doing so well at the moment. Or have i missed the announcement? Accounts say...

I too am sometimes a bit perplexed how much work goes into these valuations. As a numbers kind of guy the fact they are always nearly a nice round number makes me wonder how much actual work goes into them. Another way to look at the valuation is to think if they have the right to use the...

If you look at the valuation reports they always state they have been prepared solely based on information provided by Wasps. That's always seemed suspect to me to start off with but now we have the auditors saying they were given falsified information can we expect someone to take a closer look...

Basic points from a quick glance Good (for wasps) Turnover (sales) across all group companies activities up 8.5% to £33.6m The Ricoh went up in value by £11.5m and is now worth £60m as valued by a 3rd party independent valuer They made reduced loss compared with previous year of £3.8m v...

big news coming at 5:30 apparently

Bond price now down 11.3% today

I have an accounting degree so will take a look tonight and try and fill osb’s shoes. Won’t do too good a job though wouldn’t want osb’s job on here full time!

Nothing on comp hse yet either.

Bond value down 7.5% today

Sky news reporting Wasps will no longer be using pwc as their auditors. I would guess they fell out over the accouting treatment of the cash introduced that lead to the bond covenant issue

It’s hardly ever sit where u want, and is never sit where you want when a sell out.

I think so so they would finish above us

Looking at the table we could easily end up with the same goal difference and goals scored as Lincoln. What’s the next deciding factor?

Don’t think many so called bigger clubs will give them a chance due to style of play and the amount of gamesmanship they deploy. Bit of a big Sam scenario- all well and good unless it’s your club. But at the end of the day it’s a result business for them and it’s working.

Never a pen