BEARGER 1,829 Posted October 29, 2017 Share Posted October 29, 2017 Thsnks for the replies but that wasnt the question i was asking , i was more interested in what we do with the money I would guess that the board if it were looking for another share issue would let us know if the 3Bears & King were looking for their cash back now. The amount raised would be greater than the soft loans owed,hopefully. 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted October 29, 2017 Share Posted October 29, 2017 in a word yes. no it doesn't now that Ashley has no shares.....a new share issue with loans being converted to shares need not increase the percentage held by King or the 3 bears....depends on how many new shares are issued does it not ? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 29, 2017 Share Posted October 29, 2017 I think we need to do both. Its a bit unfair to ask ling park etc to continue with soft loans indefinitely 0 Quote Link to post Share on other sites More sharing options...
Uilleam 5,429 Posted October 29, 2017 Share Posted October 29, 2017 no it doesn't now that Ashley has no shares.....a new share issue with loans being converted to shares need not increase the percentage held by King or the 3 bears....depends on how many new shares are issued does it not ? It's more to do with King possibly having to make a 'spurious' takeover offer; and/or with the possibility of 'cold shouldering' making it impossible to engage brokers, agents, etc, bankers, solicitors, for any share issue. I think, but I am no speculator nor usurer. 0 Quote Link to post Share on other sites More sharing options...
union 0 Posted October 29, 2017 Share Posted October 29, 2017 40 million shares are unissued,at discount for loan conversion never mind alleged market price they nowhere near cover soft loans conversion to equity, unless of course the soft lenders don’t mind a haircut. 0 Quote Link to post Share on other sites More sharing options...
rbr 1,247 Posted October 29, 2017 Author Share Posted October 29, 2017 If we raise £20 million but £16 are converted to pay of the soft loans we are only left with £4 minus costs . Given celtic had 4 share issues to raise cash to compete , i honestly believe this is far too early for the 3 bears to take their money back 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 29, 2017 Share Posted October 29, 2017 This would be our 3rd. To be fair the moneys already gone into rangers. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 29, 2017 Share Posted October 29, 2017 It would be nice certainly if all money raised went to the team. 0 Quote Link to post Share on other sites More sharing options...
rbr 1,247 Posted October 29, 2017 Author Share Posted October 29, 2017 This would be our 3rd. To be fair the moneys already gone into rangers. You simply cannot count the first one , that was simply money laundering of the highest order IMHO 0 Quote Link to post Share on other sites More sharing options...
union 0 Posted October 30, 2017 Share Posted October 30, 2017 laundering and soft loans are a lot of things, none of them investment. 0 Quote Link to post Share on other sites More sharing options...
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