RANGERRAB 3,263 Posted October 20, 2014 Share Posted October 20, 2014 MD suggesting Wallace has changed camps! Who is MD ? 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted October 20, 2014 Share Posted October 20, 2014 (edited) Mark Dingwall? Edited by Frankie to remove playground insult Edited October 21, 2014 by Frankie 0 Quote Link to post Share on other sites More sharing options...
Little General 80 Posted October 20, 2014 Share Posted October 20, 2014 I'm only going by what was posted on Gersnet and attributed to that poster. I think he was meaning this Friday not last Friday. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted October 20, 2014 Share Posted October 20, 2014 Exactly dB, but it's easy for us (myself included!) to sit here and type posts on Gersnet saying that Dave King or one of his associates should spend their money buying out shareholders who paid nothing (or virtually nothing) for their shares. The reality though, is that while it might make sense for us, it might not make sense for them. It's another tough call because just for example, if Margarita wanted 50p per share, then it would only cost Dave King £1.3m to buy their 2.6m shares, but it would only be 3.19% of the company as things stand, so not necessarily enough to definitely tip the balance at an AGM vote. It might require 10% or more, so then you'd be getting into £4m+ territory going to faceless people who've paid next to nothing for their shareholding. He can't pay one shareholder 50p per share iirc he'd have to pay 50p per share for the shares he'd be getting when the loan would be converted so the £16m would need to be £40m. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 20, 2014 Share Posted October 20, 2014 Where does the "over 20k" figure come from? that's how many people didn't renew. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted October 20, 2014 Share Posted October 20, 2014 I think he was meaning this Friday not last Friday. The post I quoted was from last Thursday and it didn't mention next week. The latest in a long line of fantasists. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 20, 2014 Share Posted October 20, 2014 suck is suggesting wallace has always been a ****. seems at odds with ashleys attempt to remove him but hey ho. who knows. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,263 Posted October 20, 2014 Share Posted October 20, 2014 He can't pay one shareholder 50p per share iirc he'd have to pay 50p per share for the shares he'd be getting when the loan would be converted so the £16m would need to be £40m. Is King & co a single entity or several entities? If it were several surely existing shares could be bought by one or more for say 50p per share. Not enough is known about king & co IMO. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 20, 2014 Share Posted October 20, 2014 Is King & co a single entity or several entities? If it were several surely existing shares could be bought by one or more for say 50p per share. Not enough is known about king & co IMO. probably not as a concert part. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,263 Posted October 20, 2014 Share Posted October 20, 2014 probably not as a concert part. Do you know that for sure? Not much is known about King & co is there? Where's the funding coming from? All we've had is this £16m figure, half of which is from DK. Where's the rest from? Surely not loans 0 Quote Link to post Share on other sites More sharing options...
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