BrahimHemdani 1 Posted April 17, 2014 Share Posted April 17, 2014 It is depressing to note that the Club's share price has fallen from 31.5p to 26.5p (Bid 26.0p, offer 27.0p) since the end of March, albeit on very limited trading volumes. I doubt that this has anything to do with our depressing on field performances and can only assume that the market is taking a view based on the interim accounts and the notes thereto and the ongoing threat of fans withholding ST monies. Markets tend to anticipate rather than react to events and this may well indicate the market view of the rights issue price. 0 Quote Link to post Share on other sites More sharing options...
Davie P 4 Posted April 17, 2014 Share Posted April 17, 2014 Possibly the market had anticipated a Dave King offer for the listed shares, which given the acrimony, now seems more improbable. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,249 Posted April 17, 2014 Share Posted April 17, 2014 Hope the Eurojackpot will be up by then ... 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted April 17, 2014 Share Posted April 17, 2014 The share price did indeed start dropping almost immediately after the interim accounts were released, but it's unfair to take for granted the way the board managed to twist the going concern issues into being the fault of some of the fans. The going concern issues are there anyway irrespective of any ST threats as clearly demonstrated by the need to borrow money to see the Club through to ST renewals. When you take into account the £1.5m credit/loan facilities combined with the fact that the first ST installments will be taken before the season has even ended, then it's perfectly clear that there was going to be a very real cash shortfall which would have meant not being able to see out the season without the borrowing and early renewals. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 17, 2014 Share Posted April 17, 2014 The continual cash burn of 1 million a month would scare any shareholder. 0 Quote Link to post Share on other sites More sharing options...
compo 6,147 Posted April 17, 2014 Share Posted April 17, 2014 so why does king not buy up plenty of shares 0 Quote Link to post Share on other sites More sharing options...
Calgacus 8 Posted April 17, 2014 Share Posted April 17, 2014 so why does king not buy up plenty of shares because the minute a purchaser enters the market the price will rise quickly 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 17, 2014 Share Posted April 17, 2014 And rangers don't get the cash. 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted April 17, 2014 Share Posted April 17, 2014 The continual cash burn of 1 million a month would scare any shareholder. But we're not burning £1m per month now, and haven't been for the past 6 months+......why would you keep propagating this blatantly wrong piece of information???? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 17, 2014 Share Posted April 17, 2014 But we're not burning £1m per month now, and haven't been for the past 6 months+......why would you keep propagating this blatantly wrong piece of information???? Because our cash has dropped over 6 million quid in 6 months. No accountancy voodoo can hide that. 0 Quote Link to post Share on other sites More sharing options...
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