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Key to all this is getting the Trust to have control of 50.1% of the shareholding. So pledging/proxy your shareholding to the Trust could privecrucial This could potentially give us the chance to go for an EGM and push through a resolution to issue shares without pre emption. Im no guru so would like others with more experience to comment. (RAFC ? ) Guesswork is no good at this stage. Hopefully the new board will have a plan in place. Still need to be wary of the snakes
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Trust Update on Shares on 09:03 - Sep 3 with 1690 views
Key to all this is getting the Trust to have control of 50.1% of the shareholding. So pledging/proxy your shareholding to the Trust could privecrucial This could potentially give us the chance to go for an EGM and push through a resolution to issue shares without pre emption. Im no guru so would like others with more experience to comment. (RAFC ? ) Guesswork is no good at this stage. Hopefully the new board will have a plan in place. Still need to be wary of the snakes
We have a 50.7 potential co-operative all in support. Obviously in the Trust's hands might give us a bit more of a warm feeling so any more that the Trust can get in the short term is welcome however the main cloud hanging over us is the 43% that's currently with Morton House. We need to somehow get that into safe hands or if enough time passes I don't know if the club has the right to write them off, which would be a great outcome 😂