'I want out': Former Rangers chief Sandy Easdale agrees to sell shares in club for £1.3 million

[Bill 13,717]

1 minute ago, forlanssister said:

 

King has just spent many months, countless hours, court visits and probably no small amount of cash with the sole intention of not giving the 'Easdale Bloc' a single penny do you really think he's now going to turn round and buy them out?

 

In the offer document it was announced there would be 2 more (at least) rounds of fund raising both of which will result in further dilutions of the 'Easdale Bloc'.

 

King and the Boards strategy is crystal clear: don't give them a penny and dilute them into insignificance.

 

So far as I see it is working like a dream.

And me ... and you ... and every other independent shareholder. Marvellous.

[RANGERRAB 3,677]

It would be best for everyone to draw a line under the Easdales & their time at Rangers. Getting rid off them as shareholders would achieve that.

[forlanssister 3,114]

36 minutes ago, Bill said:

And me ... and you ... and every other independent shareholder. Marvellous.

If that actually bother's you then nobody's stopping you maintaining your holding bar yourself.

Edited February 17, 2019 by forlanssister

[forlanssister 3,114]

11 minutes ago, RANGERRAB said:

It would be best for everyone to draw a line under the Easdales & their time at Rangers. Getting rid off them as shareholders would achieve that.

That effectively happened when the offer closed on Friday.

[Bill 13,717]

Just now, forlanssister said:

If that actually bother you then nobody's stopping you maintaining your holding bar yourself.

How does anyone "maintain" their shareholding while being "diluted into insignificance"? 

[forlanssister 3,114]

1 minute ago, Bill said:

How does anyone "maintain" their shareholding while being "diluted into insignificance"? 

Em they buy more shares, give the Easdales a call I'm sure they'll welcome your advances.

[Bill 13,717]

Just now, forlanssister said:

Em they buy more shares, give the Easdales a call I'm sure they'll welcome your advances.

How do you buy more shares when your pre-emption rights have been denied by the board?

[forlanssister 3,114]

1 minute ago, Bill said:

How do you buy more shares when your pre-emption rights have been denied by the board?

They're traded all the time on https://www.jpjenkins.com/ go fill your boots

[BEARGER 1,830]

Why would the Easdales sell at 20p to King rather than sell on open market?

 

[forlanssister 3,114]

2 minutes ago, BEARGER said:

Why would the Easdales sell at 20p to King rather than sell on open market?

 

Because nobody wants to give them 20p via the open market and King only made the offer because the Court mandated that he do so.