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Everything posted by forlanssister
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IIRC initially for 7 years, but if Ashley is doing a favour to Greenco by obtaining shares then expect that favour to be returned many times over.
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Rangers own 51% and Sports Direct 49% of the joint venture however in all matters financial Sports Directs shares have 2 votes ergo Sports Direct have 98 votes on all matters financial and Rangers have 51.
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But if Sports Direct decide they'd like to use that money to cover the walls of the stores in gold leaf rather than pay a dividend then they can, dividends are entirely in the gift of Sports Direct, we have no automatic right to receive as much as a single penny.
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Confirmed: Mike Ashley has doubled his stake in Rangers.
forlanssister replied to SteveC's topic in Rangers Chat
That's at least three types of white knight then.- 212 replies
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We're not really "due" it until Sports Direct decide that we're "due" it.
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Confirmed: Mike Ashley has doubled his stake in Rangers.
forlanssister replied to SteveC's topic in Rangers Chat
Not quite a white knight then.- 212 replies
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Confirmed: Mike Ashley has doubled his stake in Rangers.
forlanssister replied to SteveC's topic in Rangers Chat
Keep dreaming then. Ashley is only looking after his own self interest and pocket, remind me again how much has the club received from Ranges Retail Limited? King whist probably a vast improvement on the present incumbents won't immediately place us in Utopia.- 212 replies
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- rangers fans
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Confirmed: Mike Ashley has doubled his stake in Rangers.
forlanssister replied to SteveC's topic in Rangers Chat
Define white knight.- 212 replies
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He's on holiday at the moment though I doubt there's been a reply.
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All I asked is who the buck stopped with, who is it?
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Who does the buck stop with then?
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Confirmed: Mike Ashley has doubled his stake in Rangers.
forlanssister replied to SteveC's topic in Rangers Chat
Not taking shares via the Open Offer but instead taking from Hargreave Hale was by far the smarter option, Kingoco simply outmaneuvered.- 212 replies
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Confirmed: Mike Ashley has doubled his stake in Rangers.
forlanssister replied to SteveC's topic in Rangers Chat
I imagine that those aligned with Greenco control more than that and are consolidating.- 212 replies
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Confirmed: Mike Ashley has doubled his stake in Rangers.
forlanssister replied to SteveC's topic in Rangers Chat
He has removed 4.265m shares from a shareholder not aligned to Greenco, he has also removed the option in the forth coming rights issue from a shareholder not aligned to Greenco. He has effectively guaranteed that those aligned with Greenco will remain in control for as long as they like and get to keep their onerous contracts.- 212 replies
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I guess it would suit some in the Boardroom for McCoist to become the focus of the fans ire.
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You have to laugh otherwise you'd be drowning in tears.
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It's a pretty sad state of affairs that when they issue an RNS you know before you read it a correction will be released imminently.
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You have Green, Murray and Whyte all having a French connection, could even be...... or....
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In all likelihood the faceless investor scenario.
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Non reconciling numbers are the norm in Rangers related statements, sure there will be a corrective statement/s along sometime soon.
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BNP Paribas Arbitrage SNC the purchaser of 4.265m shares http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12102610.html
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http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12102607.html Announcement re Hargreave Hale
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STV Reporting both Boyd and Mohsni offered suspensions
forlanssister replied to 26th of foot's topic in Rangers Chat
Mohsni has no defence for his actions, he really should take up the offer. -
Sons of Struth threaten boycott of Mike Ashley’s Sports Direct shops
forlanssister replied to ian1964's topic in Rangers Chat
I imagine time will tell or not whether that's the case.- 92 replies
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Sons of Struth threaten boycott of Mike Ashley’s Sports Direct shops
forlanssister replied to ian1964's topic in Rangers Chat
I concur, however it begs the question why choose this particular ill thought out venture?- 92 replies
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