Share movement

[RANGERRAB 3,757]

Aye but try it when there's a blocking stake of 51% in place with no intention of selling or releasing control.

 

Who or what is this 'blocking stake of 51 percent in place' ?

[the gunslinger 3,366]

Who or what is this 'blocking stake of 51 percent in place' ?

 

easdale, green, ashley, blue pitch laxley.

 

the trough brotherhood.

[RANGERRAB 3,757]

easdale, green, ashley, blue pitch laxley.

 

the trough brotherhood.

 

That doesn't add up to 51 percent does it?

[the gunslinger 3,366]

That doesn't add up to 51 percent does it?

 

then there are other names to add.

[jhunter 0]

What have they to gain form holding onto a sinking ship mate?

 

Sale and leaseback can make them more money

 

also if they relinquish control , then the true horror of what has went on will be revealed.

[colinstein 294]

That doesn't add up to 51 percent does it?

 

That's what I was thinking

 

I reckon you could call the shots with much less

[RANGERRAB 3,757]

That's what I was thinking

 

I reckon you could call the shots with much less

 

Makes you wonder why DK didn't want to underwrite the shares offer.He'd likely have been in a pretty strong position if he had for a couple of million quid(assuming he already has some sort of shareholding)

[Zappa 0]

The Easdales hold almost 27% in proxy shares/votes and that doesn't include Laxey with their holdings close to 13%, so it's not difficult to imagine a large controlling block of shareholders above 50% collectively getting together to stop anything they don't want happening from happening.

[the gunslinger 3,366]

if no one bought a single share at the share issue except dave king he would have bought 25% for 4 million and would have no control what so ever.

[barca72 440]

With the kind of money he says he is willing to invest you would have to reckon he knows what he is doing.