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interview with Charles in the scotsman.


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He's either a liar, or he made an arse of the share issue. He clearly said on Scotland Tonight that he knocked back dough from the institutional investors, so the support could buy. He allocated £10m worth of shares for the support, we bought half, so he says. In theory, there was £5m worth of unsold shares that could have gone to the institutional investors, or he's talking shite, again.

 

The share issue target was £27m, we got £22.5m approx, so we lost out on £5m, if you believe him pre share issue. £10m from fans a week before xmas was always going to be a stretch. Why didn't he just allocate us £5m and sell the other £5m to the big shots who wanted to invest?

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its an anomaly for sure. but he's still right the initial target of 20 was oversubscribed.

 

Was going to say that (can't help myself reading certain posts sometimes despite the ignore function). The aim was £20 million when the flotation intention was formally announced.

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Was going to say that (can't help myself reading certain posts sometimes despite the ignore function). The aim was £20 million when the flotation intention was formally announced.

 

Actually, the aim was £30m before july, but lets not let a few million either way bother us.

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He's either a liar, or he made an arse of the share issue. He clearly said on Scotland Tonight that he knocked back dough from the institutional investors, so the support could buy. He allocated £10m worth of shares for the support, we bought half, so he says. In theory, there was £5m worth of unsold shares that could have gone to the institutional investors, or he's talking shite, again.

 

The share issue target was £27m, we got £22.5m approx, so we lost out on £5m, if you believe him pre share issue. £10m from fans a week before xmas was always going to be a stretch. Why didn't he just allocate us £5m and sell the other £5m to the big shots who wanted to invest?

 

If he had capped the fans at £5m and it sold out like it did, you would've moaned he was trying to keep the fans out. :)

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If he had capped the fans at £5m and it sold out like it did, you would've moaned he was trying to keep the fans out. :)

 

I wouldnt have moaned. I would have been happy there was less chance of bears getting ripped off, again. We still have no real say or power, even after all the money we plough in year after year. We put money in because we love the club, they put it in to skim as much as they can back, apart from green ofc, who has invested the sum total of fuck all, yet is our largest shareholder. You couldnt make it up.

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