spangles 7 Posted May 28, 2011 Author Share Posted May 28, 2011 If posters have all the answers perhaps they could share them. If not, perhaps they might understand that after watching us go into serious debt twice under Murray people have legitimate concerns when there are so many unknowns. The same 'timmy propaganda' calls were heard when questions were asked about Murray's running of the club.Nice to hear a voice of reason casey, the reason I brought the shares up, is that I am aware that a newspaper is asking questions about it, as to why shares deemed worthless were accredited as such, when the market shows them to have a value at circa £6 mill in total, being the remaining 15%, still trading at 30p-35p.Market Cap35.4MISINGB0007237380Par10.0Inst TypeORDSymbolRFCSecurities in issue108,791,499SectorLeisure Entertainment & Hotels Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted May 28, 2011 Share Posted May 28, 2011 Do you think you'll get answers to these "legitimate concerns" on here ?Folk are just playing on the unknowns, filling in the vacuum with pish and doubts.Why not just get behind Whyte and hear what he has to say instead of wringing hands and fearing the worst.The same folk that were greeting about Murray and the old board are now greeting about Whyte.We'll know in the next few weeks if he's genuine or not, but by then I guess the stirrers will be doubting something else.I know what I'm doubting.What are you doubting?It's funny that you talk about an information vacuum yet at the same time implore everyone to listen to what Whyte has to say! Link to post Share on other sites More sharing options...
TheLawMan 6,240 Posted May 28, 2011 Share Posted May 28, 2011 Nice to hear a voice of reason casey, the reason I brought the shares up, is that I am aware that a newspaper is asking questions about it, as to why shares deemed worthless were accredited as such, when the market shows them to have a value at circa £6 mill in total, being the remaining 15%, still trading at 30p-35p.Market Cap35.4MISINGB0007237380Par10.0Inst TypeORDSymbolRFCSecurities in issue108,791,499SectorLeisure Entertainment & HotelsYes, but Whytes obligatory offer to buy shares has to be at the price he bought the rest of his shares at and therefore he would only be offering 1/95,000,000th of a pence for each share which could sell for 30 pence on the open market.Pointless exercise. Link to post Share on other sites More sharing options...
Smile 26,622 Posted May 28, 2011 Share Posted May 28, 2011 What a thread its like taig central. Link to post Share on other sites More sharing options...
MayboleLoyal_atb 3,772 Posted May 28, 2011 Share Posted May 28, 2011 Another thread of scaremongering keeping this mythical cloud over everything Rangers. This. Link to post Share on other sites More sharing options...
mac444 6 Posted May 28, 2011 Share Posted May 28, 2011 Poor old Spangles.The takeover going through and the debt being paid off must have gutted him.Looks like he'll need a holiday.Let's hope he has a pot with some piss in it to pay for the holiday Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted May 28, 2011 Share Posted May 28, 2011 What a thread its like taig central.Does your world only consist of black and white? Link to post Share on other sites More sharing options...
Right_To_Censor 1,951 Posted May 28, 2011 Share Posted May 28, 2011 I have no idea why people on this forum seem so desperate for Whyte to fail and our club to have no money to spend again.its because they can come out and say "hey look, we told you all this was going to happen and look we're right, told you so" and all that shite Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted May 28, 2011 Share Posted May 28, 2011 its because they can out and say "hey look, we told you all this was going to happen and look we're right, told you so" and all that shiteDo you honestly believe that Rangers supporters want Rangers to fail so that they can boast on an internet messageboard? Link to post Share on other sites More sharing options...
Right_To_Censor 1,951 Posted May 28, 2011 Share Posted May 28, 2011 Do you honestly believe that Rangers supporters want Rangers to fail so that they can boast on an internet messageboard? i question certain posters, so yes i spose i do Link to post Share on other sites More sharing options...
Eric_Caldow 60 Posted May 28, 2011 Share Posted May 28, 2011 Nice to hear a voice of reason casey, the reason I brought the shares up, is that I am aware that a newspaper is asking questions about it, as to why shares deemed worthless were accredited as such, when the market shows them to have a value at circa £6 mill in total, being the remaining 15%, still trading at 30p-35p.Market Cap35.4MISINGB0007237380Par10.0Inst TypeORDSymbolRFCSecurities in issue108,791,499SectorLeisure Entertainment & HotelsThe shares are "worthless" in the sense that they would make no difference to the overall control of the club. Just because Whyte has acquired his shares for £1 doesn't mean the other shares have no monetary value. They just have no use as a bargaining chip. Link to post Share on other sites More sharing options...
Polo 1,435 Posted May 28, 2011 Share Posted May 28, 2011 Would it really make that much sense to come out and say "We're going to spend £Xm this summer"? Why would you want other clubs knowing how deep your pockets are? Whyte should be judged on his actions in the transfer market.As for the share price, fucking hell it's like reading through that pish on rangerstaxcase.com. Link to post Share on other sites More sharing options...
Smile 26,622 Posted May 28, 2011 Share Posted May 28, 2011 The same tired posters who spent all last season slagging Smith have found a new target.Remember they also slagged Smith for the good of Rangers. Link to post Share on other sites More sharing options...
spangles 7 Posted May 28, 2011 Author Share Posted May 28, 2011 The shares are "worthless" in the sense that they would make no difference to the overall control of the club. Just because Whyte has acquired his shares for £1 doesn't mean the other shares have no monetary value. They just have no use as a bargaining chip.It is apparently a bit more complicated than 85% having more power than 15%, it appears The Takeover Panel may have misinterpreted their own rules, not unknown in the City.http://www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/code.pdf Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted May 28, 2011 Share Posted May 28, 2011 The same tired posters who spent all last season slagging Smith have found a new target.Remember they also slagged Smith for the good of Rangers.What were these posters complaining about with regard to Smith? You seem to think that blind acceptance makes you a better fan than the rest. Link to post Share on other sites More sharing options...
TheLawMan 6,240 Posted May 28, 2011 Share Posted May 28, 2011 It is apparently a bit more complicated than 85% having more power than 15%, it appears The Takeover Panel may have misinterpreted their own rules, not unknown in the City.http://www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/code.pdfCan you be more precise as to which rule please Link to post Share on other sites More sharing options...
Smile 26,622 Posted May 28, 2011 Share Posted May 28, 2011 What were these posters complaining about with regard to Smith? You seem to think that blind acceptance makes you a better fan than the rest.Its better than being the guy who wants to shit on Rangers as he thinks that makes him the uber fan.Different day different target.Its boring now. Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted May 28, 2011 Share Posted May 28, 2011 Its better than being the guy who wants to shit on Rangers as he thinks that makes him the uber fan.Different day different target.Its boring now.I'm no better or worse than anyone else, it's called speaking your mind in a discussion forum. It's what the big boys do. Link to post Share on other sites More sharing options...
Polo 1,435 Posted May 28, 2011 Share Posted May 28, 2011 It is apparently a bit more complicated than 85% having more power than 15%, it appears The Takeover Panel may have misinterpreted their own rules, not unknown in the City.http://www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/code.pdfAre you suggesting two parties can't negotiate a price for publicly traded shares? If so, please direct us to the relevant regulation.Many thanks. Link to post Share on other sites More sharing options...
spangles 7 Posted May 28, 2011 Author Share Posted May 28, 2011 Can you be more precise as to which rule please I could but I won't, don't want you accusing some tit of leading you astray, if you look under the 35 relevant references to dispensations in rule 9, which you have, you can apply your reading to it, apparently everyone else does. Link to post Share on other sites More sharing options...
gunslinger 270 Posted May 28, 2011 Share Posted May 28, 2011 the idea what whyte does is nothing to do with the fans and other shareholders. is retarded. but then gibbons is a retard. Link to post Share on other sites More sharing options...
spangles 7 Posted May 28, 2011 Author Share Posted May 28, 2011 the idea what whyte does is nothing to do with the fans and other shareholders. is retarded. but then gibbons is a retard. Link to post Share on other sites More sharing options...
TheLawMan 6,240 Posted May 28, 2011 Share Posted May 28, 2011 I could but I won't, don't want you accusing some tit of leading you astray, if you look under the 35 relevant references to dispensations in rule 9, which you have, you can apply your reading to it, apparently everyone else does. No thanks. Link to post Share on other sites More sharing options...
spangles 7 Posted May 28, 2011 Author Share Posted May 28, 2011 No thanks.There is also further legislation forced on TOP by the ECC, for the protection of minority shareholders, but I am sure you are already aware of that. Unfortunately a bus appears to have been driven through that also, but as everything involved with TOP nothing really surprises, just ask former Cadbury workers. Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,986 Posted May 28, 2011 Share Posted May 28, 2011 why is this supposed 25 million an issue with some fans still. A properly run rangers with a decent ceo that can wheel and deal in the market, and a bit of luck in Europe can see us turn a far better profit than 5millioni would much prefer whyte not having to put another penny into the club, and instead we earn our own transfer budget every year. It shouldn't be too fucking difficult. There's plenty of bargains out there surely that we can buy in cheap and sell on at a good profit Link to post Share on other sites More sharing options...
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