Mountain Bear 0 Posted November 29, 2014 Share Posted November 29, 2014 Time for Somers to earn some of his money for a change. Might need a little back up from Ashley to persuade a reputable NOMAD to touch us, but the quality of the firm we get should tell us more about our future prospects than any amount of Board waffle and spin. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted November 30, 2014 Share Posted November 30, 2014 I understand that Rangers are currently in discussion with a high quality corporate and institutional stockbroking group who specialise in company fund raising. Expect an early announcement but if not then the directors might welcome a short term share suspension as this would bring price stability during the volatile period of the AGM and any fund raising exercise. 0 Quote Link to post Share on other sites More sharing options...
quattro 0 Posted November 30, 2014 Share Posted November 30, 2014 I am sure you know BH that Daniel Stewart announced to the LSE that it was relinquishing its Nomad licence, not lost it as claimed and its other business is still trading as normal. Rangers are no more than a victim of circumstances beyond our control in this instance. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted November 30, 2014 Share Posted November 30, 2014 I am sure you know BH that Daniel Stewart announced to the LSE that it was relinquishing its Nomad licence, not lost it as claimed and its other business is still trading as normal. Rangers are no more than a victim of circumstances beyond our control in this instance. Yes I'm aware they are placing clients elsewhere but not 100% sure that Rangers wouldn't have made a move in any event. However, I think we will come out of it with much higher quality advisers. 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted November 30, 2014 Share Posted November 30, 2014 I understand that Rangers are currently in discussion with a high quality corporate and institutional stockbroking group who specialise in company fund raising. Expect an early announcement but if not then the directors might welcome a short term share suspension as this would bring price stability during the volatile period of the AGM and any fund raising exercise. how can they propose a new share issue if shares are suspended ? If they can't have a new share issue where will the money come from to keep the lights on ? Maybe they'd prefer to take another loan than have a new share issue 0 Quote Link to post Share on other sites More sharing options...
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