Share movement

[BrahimHemdani 1]

There is still no guarantee that they will get the required number of votes to launch another share issue. Things should become clearer once the updated percentages are revealed.

 

I think they will this time because the major investors don't want to put up any more cash but at the same time they know it's needed.

[Rangersitis 0]

They would have to offer for all the rest of course but that would probably mean you get the Club lock stock and barrel for less than £20m.

 

That really doesn’t sound very appealing considering the amount that needs to be spent on the stadium upgrades, a proper youth development programme, installing a scouting network, etc.

[Zappa 0]

I think they will this time because the major investors don't want to put up any more cash but at the same time they know it's needed.

 

Needed or not, even the slowest of the slow will be starting to see that it's a financial black hole they've invested in.

[Zappa 0]

That really doesn’t sound very appealing considering the amount that needs to be spent on the stadium upgrades, a proper youth development programme, installing a scouting network, etc.

 

Especially when any prospective owner knows what Green & co paid.

[BrahimHemdani 1]

That really doesn’t sound very appealing considering the amount that needs to be spent on the stadium upgrades, a proper youth development programme, installing a scouting network, etc.

 

Fair enough, what value would you put on the Club right now?

[Rangersitis 0]

Especially when any prospective owner knows what Green & co paid.

 

Aye, nowt!

[Zappa 0]

Aye, nowt!

 

Let's put it this way, the initial GreenCo 'investors' (some of whom may or may not have gotten most of their money back very quickly via IPO cash) paid the administrators £5.5 million for the whole shooting match. They shortly afterwards claimed it had cost them well over £10m, but given Green's propensity for telling porkies, that seems far-fetched.

[the gunslinger 3,366]

100 million at 10p then 400 million more to put the other 40 in and greenco would be suitably margionalised

[Zappa 0]

100 million at 10p then 400 million more to put the other 40 in and greenco would be suitably margionalised

 

Even just the prospect of the dilution a new tranche of 100 million shares would cause must be a frightening prospect for some of the investors who didn't expect to lose their money within 2 years. It's not a prospect the fan ownership groups like BR & RF will be relishing either.

[RANGERRAB 3,757]

Even just the prospect of the dilution a new tranche of 100 million shares would cause must be a frightening prospect for some of the investors who didn't expect to lose their money within 2 years. It's not a prospect the fan ownership groups like BR & RF will be relishing either.

 

Or we could go down the same route as the east end and set up an entirely new company. That would mean we'd have one club two companies(they have three companies one club).

A possibity?