forlanssister 3,050 Posted December 19, 2012 Share Posted December 19, 2012 Not only does he and the others who hold these shares get dividends , but these Convertible Cumulative Preference Shares hold another wee secret that is not divulged , these preference shares cannot lose their value , they hold the same value now as when issued , so as we speak their share price is 39p approx , these still hold a value of £1.25 per share , Old Desmond isnt daft . Im not 100% if these were from the first , 2nd , 3rd or 4th share issue that they have had , I believe they are from the original Don't think they were part of the original issue, it was the issue of these that meant that Fritzel had to get a dispensation from making a compulsory offer for the balance of the shareholding as he had breached the 30% limit iirc. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted December 19, 2012 Share Posted December 19, 2012 is that sarcasm i sense? You think? If you're trying to say dividends are a bad idea Celtic are not the best example to use right now. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted December 19, 2012 Share Posted December 19, 2012 You think? If you're trying to say dividends are a bad idea Celtic are not the best example to use right now. i cant really have any real opinion on dividends mate, i dont fully understand them tbh. i am saying celtic are doing very well and their fans should be very happy with how things are going for them, sadly. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted December 19, 2012 Share Posted December 19, 2012 how do you spin their recent european record? one of which we could only dream of, even at our peak. where a good draw and a dodgey pen saw them make the last 16? 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted December 19, 2012 Share Posted December 19, 2012 where a good draw and a dodgey pen saw them make the last 16? Their recent European record is actually outstanding. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted December 19, 2012 Share Posted December 19, 2012 just think how good they might be with that money not leaving the club. if your a big fan of how well they are doing. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted December 19, 2012 Share Posted December 19, 2012 Don't think they were part of the original issue, it was the issue of these that meant that Fritzel had to get a dispensation from making a compulsory offer for the balance of the shareholding as he had breached the 30% limit iirc. I thought it was the origional as I know fans who get a dividend. the second issue was Fergus selling his ordinary shares or was that the third. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted December 19, 2012 Share Posted December 19, 2012 just think how good they might be with that money not leaving the club. if your a big fan of how well they are doing. we would be 20 years behind instead of 10. 0 Quote Link to post Share on other sites More sharing options...
Super_Ally 0 Posted December 19, 2012 Share Posted December 19, 2012 Their recent European record is actually outstanding. An excessively optimistic and positive post from one of the forum's most negative members. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted December 19, 2012 Share Posted December 19, 2012 An excessively optimistic and positive post from one of the forum's most negative members. maybe, but it is. unless we can dress it up and include results from previous years? 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.