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Price done to 42p now

Dunno exactly what this means in terms of what's going on with rangers

But we have had approx 800,000 shares bought(or traded) in the last 2 days

No financial buffs on here care to speculate on what could be happening, if anything. That's a lot of shares to be shifted in 2 days IMO

If they shares had been bought originally for say 75p why would people want to sell them at a massive loss? Is that how it works?! I'm pretty much a novice when it comes to shares.

I though the point of buying shares is to sell them at a profit? Why would 800,000 shares become available at a massive loss to the person who bought them in the first, and why would they be willing to sell!?!?

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Price done to 42p now

Dunno exactly what this means in terms of what's going on with rangers

But we have had approx 800,000 shares bought(or traded) in the last 2 days

No financial buffs on here care to speculate on what could be happening, if anything. That's a lot of shares to be shifted in 2 days IMO

If they shares had been bought originally for say 75p why would people want to sell them at a massive loss? Is that how it works?! I'm pretty much a novice when it comes to shares.

I though the point of buying shares is to sell them at a profit? Why would 800,000 shares become available at a massive loss to the person who bought them in the first, and why would they be willing to sell!?!?

Because the sellers of the shares don't like what they are seeing the way the club is being run the money being spent or the failure to take action against crazy management wages, investors in those circumstances will get alarmed and start to attempt to minimise perceived losses i.e. dump shares, the worst possible scenario is a run on the shares let's all hope it doesn't come to that.

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Price done to 42p now

Dunno exactly what this means in terms of what's going on with rangers

But we have had approx 800,000 shares bought(or traded) in the last 2 days

No financial buffs on here care to speculate on what could be happening, if anything. That's a lot of shares to be shifted in 2 days IMO

If they shares had been bought originally for say 75p why would people want to sell them at a massive loss? Is that how it works?! I'm pretty much a novice when it comes to shares.

I though the point of buying shares is to sell them at a profit? Why would 800,000 shares become available at a massive loss to the person who bought them in the first, and why would they be willing to sell!?!?

What makes you think the sellers paid anything initially for the shares?

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I think our shares were always overvalued and are probably finding their true level - a bit like Facebook.

There was always going to be movement in July due to the investor lock in till the 1st - as there will be in December when CG's lock in expires.

For every seller, there is a buyer and there will always be movement of shares as investors decide to move on for whatever reason.

I get the impression that a few posters on a few topics today appear to be desperate for a doom and gloom scenario to unfold. How strange.

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I bought mine like a lot of other fans to put money into the club and there not for sale. I'm presuming its the investors whose shares are always on the market, is that correct?

The volumes being sold suggest institutional investors or very rich market players, these sort of people have no interest in why supporters bought shares, their only goal is the mighty dollar and they will trample everything and anyone in their path to attain it.

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What was this about?

I assume it was Green and co.

On 16 May 2013, the Company announced that it had received a notice requisitioning a General Meeting of shareholders ("Requisition"). Following discussions with the requisitioning shareholder, the Company is pleased to announce that the requisitioning shareholder has now withdrawn the Requisition.

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What was this about?

I assume it was Green and co.

On 16 May 2013, the Company announced that it had received a notice requisitioning a General Meeting of shareholders ("Requisition"). Following discussions with the requisitioning shareholder, the Company is pleased to announce that the requisitioning shareholder has now withdrawn the Requisition.

Blue Pitch were threatening an EGM unless they had certain changes to the board. Clearly they've got what they want so they're in control.

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Re post #48 that's what happens when a company can be controlled by the simple fact of purchasing shares and having a game plan from the off.

Now.....only my opinion , could our Board have been totally outmaneuvered by some astute business people.

I am surprised that a number of commentators in various forums/blogs did not see this coming as with their in the know sort of thing.

Now........why would someone want to buy these shares....................probably the easier thing is guessing why someone would sell at a loss....................perhaps so fed up by the lack of leadership within the Board , the obvious leaks and the change of CEO and Chairman and by all accounts a soon to be another ex Chairman.

Who are our Major Shareholders?

This was C&P from the Official Site in the last 2 minutes

Share Information

Rangers has an issued share capital of 65,096,056 Ordinary Shares of 1 pence each. No Ordinary Shares are held in treasury.

Major Shareholding (3% or above):

Charles Green 5,071,629 7.79%

Hargreave Hale Limited 5,022,000 7.71%

Artemis Investment Management LLP 4,286,000 6.58%

Blue Pitch Holding 4,000,000 6.14%

Mike Ashley 3,000,000 4.61%

Margarita Funds Holding Trust 2,600,000 3.99%

Cazenove Capital Management Limited 2,450,000 3.76%

Richard Hughes 2,200,000 3.38%

Imran Ahmad 2,200,000 3.38%

Legal & General Investment Management Limited 2,000,000 3.07%

Currently, 85.15% of the Company’s issued Ordinary Shares of 1p each will be in public hands. The Ordinary Shares of 1p each in the capital of Rangers International Football Club plc are freely transferable.

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