Darthter 542 Posted May 27, 2013 Share Posted May 27, 2013 Would it stay at that level if Walter Smith resigned? Perhaps we will find out. There has been A LOT of scandal over the past few weeks, yet the share price has remained constant - what sort of action would be required to make it drop further??? I think it would need to be something pretty catastrophic!!! WS leaving the board ain't gonna suddenly make independent investors suddenly ditch their shares. I think it would take something along the lines of heading for admin again to make these investors dump their shares & take was cash they can for them. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted May 27, 2013 Share Posted May 27, 2013 There has been A LOT of scandal over the past few weeks, yet the share price has remained constant - what sort of action would be required to make it drop further??? I think it would need to be something pretty catastrophic!!! WS leaving the board ain't gonna suddenly make independent investors suddenly ditch their shares. I think it would take something along the lines of heading for admin again to make these investors dump their shares & take was cash they can for them. When can they start selling? I'm sure there is a period of time before they can sell their shares. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,058 Posted May 27, 2013 Share Posted May 27, 2013 There has been A LOT of scandal over the past few weeks, yet the share price has remained constant - what sort of action would be required to make it drop further??? I think it would need to be something pretty catastrophic!!! WS leaving the board ain't gonna suddenly make independent investors suddenly ditch their shares. I think it would take something along the lines of heading for admin again to make these investors dump their shares & take was cash they can for them. It's the various lock-ins ergo no liquidity in the market that is keeping the share price artificially high. Thing to remember is circa 20m shares only cost their owners 1p each. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,058 Posted May 27, 2013 Share Posted May 27, 2013 When can they start selling? I'm sure there is a period of time before they can sell their shares. First set of lock-ins expire on June 20 iirc. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted May 27, 2013 Share Posted May 27, 2013 I doubt fans have the first clue how to stop them gaining control. Do they have the willpower though even if they did have the brains? 0 Quote Link to post Share on other sites More sharing options...
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