Frankie 8,105 Posted September 3, 2014 Author Share Posted September 3, 2014 I've heard form both sides of the fence this morning who are confident that Rangers will raise the £4m in the offer. I think it would be more of a surprise if this didn't happen. Which leads us to the fait accompli situation of share-holding levels for AGM resolution approval vis-a-vis assets. IMO, this will have been planned out but for what end - to hive off assets or to enable a sale of the business? That's a bit more difficult to predict. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted September 3, 2014 Share Posted September 3, 2014 I think it would be more of a surprise if this didn't happen. Which leads us to the fait accompli situation of share-holding levels for AGM resolution approval vis-a-vis assets. IMO, this will have been planned out but for what end - to hive off assets or to enable a sale of the business? That's a bit more difficult to predict. I agree that any investor who is still on board at least to see if value can be restored in the SPL/Europe will not want to see their holding diluted. The sale strategy, as you say, is very difficult to predict but will be a function of the ongoing risk and potential reward. 0 Quote Link to post Share on other sites More sharing options...
rbr 1,247 Posted September 3, 2014 Share Posted September 3, 2014 Another 99000 shares traded today , 75000delayed and in the scale of things small beer but still..... 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted September 3, 2014 Share Posted September 3, 2014 Another 99000 shares traded today , 75000delayed and in the scale of things small beer but still..... ...... the priced keeps falling, now below 24p. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,196 Posted September 3, 2014 Share Posted September 3, 2014 I've heard form both sides of the fence this morning who are confident that Rangers will raise the £4m in the offer. Could you or someone with enough business background "whip up" possible scenarios? As in, who might buy these shares and what outcome this might have, e.g. with a dark horse, Ashley or Laxey as buyers. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted September 3, 2014 Share Posted September 3, 2014 Could you or someone with enough business background "whip up" possible scenarios? As in, who might buy these shares and what outcome this might have, e.g. with a dark horse, Ashley or Laxey as buyers. I'll make some enquiries but right now I think that most if not all the major players will give it a "last throw of the dice" (as I said yesterday) and that Ashley may well be the one to sweep up any "rights" (and I know that technically it's not a "rights issue") not taken up, which I think will be mostly the individual shareholders, who either can't afford it or fear getting burned again, so perhaps 10%-20%. I don't see a dark horse any more than I see a knight in shining armour riding to the rescue. That said I'm told that the degree of in fighting is such that anything or anyone could happen even Mr Somesuch! 0 Quote Link to post Share on other sites More sharing options...
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