Rapid6 77 Posted February 5, 2014 Share Posted February 5, 2014 We could easily raise 136,968 pounds sterling. Quote Link to post Share on other sites More sharing options...
Johnny Hubbard 280 Posted February 5, 2014 Share Posted February 5, 2014 we'll run out of money next season or beforeonly a new share issue will raise the cashLaxey will need to go with it because there is no alternativeThose of us who think fan ownership is the way forward, should be looking for allies with money who've previously shown comitment Quote Link to post Share on other sites More sharing options...
Big Al 55 9,241 Posted February 5, 2014 Share Posted February 5, 2014 Yes we'll raise a fortune...indeed all the previous institutional investors whose current investment is almost a third of their original investment are queuing up to give us more.How low can it go? Is that the investment strategy? Quote Link to post Share on other sites More sharing options...
1st_Jan_1994 4,868 Posted February 6, 2014 Share Posted February 6, 2014 Yes we'll raise a fortune...indeed all the previous institutional investors whose current investment is almost a third of their original investment are queuing up to give us more.How low can it go? Is that the investment strategy?They can't be too unhappy, they all, overwhelmingly voted to keep the regime in place at the AGMIf your wanting to invest heavily in Rangers shares then now is the time to do it - that will be appealing Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted February 6, 2014 Share Posted February 6, 2014 Clearly not, but Wallace is hardly going to admit that we are close to administration! And, anyway, I said that the critical moment was not going to arise for another six months. Most independent analysts would probably agree that the cash reserves will have run out by then.You wish Quote Link to post Share on other sites More sharing options...
Carson's cat 744 Posted February 6, 2014 Share Posted February 6, 2014 You wishI wish for a successful Rangers - owned and controlled by people who actually support the club. The present model is both unsustainable and not in our best interests. Quote Link to post Share on other sites More sharing options...
Malvern 11,329 Posted February 6, 2014 Share Posted February 6, 2014 I wish for a successful Rangers - owned and controlled by people who actually support the club. The present model is both unsustainable and not in our best interests.So run by people like you as opposed to Wallace? Quote Link to post Share on other sites More sharing options...
Creampuff 22,628 Posted February 6, 2014 Share Posted February 6, 2014 Clearly not, but Wallace is hardly going to admit that we are close to administration! And, anyway, I said that the critical moment was not going to arise for another six months. Most independent analysts would probably agree that the cash reserves will have run out by then.Isn't that when the season ticket money starts coming back in? Quote Link to post Share on other sites More sharing options...
Corky True Legend 2,682 Posted February 6, 2014 Share Posted February 6, 2014 Malvern. No. By people like MM & PM. Quote Link to post Share on other sites More sharing options...
Carson's cat 744 Posted February 6, 2014 Share Posted February 6, 2014 So run by people like you as opposed to Wallace?I have no difficulty with Wallace. He is employed by the company owners to run the club on a day to day basis and, so far at least, I have no reason to claim that he is not doing his job properly. Quote Link to post Share on other sites More sharing options...
KingKirk 25,602 Posted February 6, 2014 Share Posted February 6, 2014 The current board are doing,just what we needed and what no other board was willing to. Get there hands dirty.No point in another share issue until we stop throwing away money cause costs are to high Quote Link to post Share on other sites More sharing options...
gogzy 31,195 Posted February 6, 2014 Share Posted February 6, 2014 If DK underwrites the share issue, about £20m.Without DK, about 20p Quote Link to post Share on other sites More sharing options...
KingKirk 25,602 Posted February 6, 2014 Share Posted February 6, 2014 The same Dave king that said well be in administration by Christmas.. Now according to Carson that's were we are heading in 6months. Its like phill 3 names has an account on here tbh Quote Link to post Share on other sites More sharing options...
Guardian 4,281 Posted February 6, 2014 Share Posted February 6, 2014 If DK underwrites the share issue, about £20m.Without DK, about 20pYou seem to be hellbent on DK now, before it was mini.Can you explain why DK came to the conclusion we were going to be in admin by xmas. ?I see you are now moving that back to 6 months.Is that like the forecast of so many days til mini got in at the AGM ?How can you (or DK) expect any credibility when you get things so wrong.It is DK's and Mini's worst nightmare that Rangers prosper without them on board and they'd sooner it failed.How else do you explain them not being around when we are in trouble. ? Yet always about afterward sniping at whoever is.I tend to judge folk on what they do, rather than what they say they will do. So far mini was all hot air, lies and empty bluster, and DK appears to be going down the same route.You paint him as just another spiv waiting like a vulture for some cheap shares. Not far from the truth I'd imagine. Quote Link to post Share on other sites More sharing options...
Carson's cat 744 Posted February 6, 2014 Share Posted February 6, 2014 You seem to be hellbent on DK now, before it was mini.Can you explain why DK came to the conclusion we were going to be in admin by xmas. ?I see you are now moving that back to 6 months.Is that like the forecast of so many days til mini got in at the AGM ?How can you (or DK) expect any credibility when you get things so wrong.It is DK's and Mini's worst nightmare that Rangers prosper without them on board and they'd sooner it failed.How else do you explain them not being around when we are in trouble. ? Yet always about afterward sniping at whoever is.I tend to judge folk on what they do, rather than what they say they will do. So far mini was all hot air, lies and empty bluster, and DK appears to be going down the same route.You paint him as just another spiv waiting like a vulture for some cheap shares. Not far from the truth I'd imagine.I fully support DK's attempts to gain control of the club, but I do not speak for him. His comment about admin by Christmas has turned out to be an exaggeration, but that doesn't invalidate everything else he has to say.I supported PM's attempts to become a director because I saw that as the most likely means of getting a new share issue as quickly as possible. Quote Link to post Share on other sites More sharing options...
Corky True Legend 2,682 Posted February 6, 2014 Share Posted February 6, 2014 CC. Is "getting a new share issue" a synonym for "blazer"? Quote Link to post Share on other sites More sharing options...
willygers4life 1,031 Posted February 6, 2014 Share Posted February 6, 2014 What's funny is that Carson cat would have a share issue when we are living out our means rather than harness the spending to a reasonable level. He suggests anything that is against the current board, it's always the current owners fault now, where as it was the board before the Agm, anything that pm was against then without a shadow of doubt so is CC. Would CC be tempting suicide if Dave king doesn't buy Into the share issue and the current investors actually make a success of the club. Quote Link to post Share on other sites More sharing options...
Johnny Hubbard 280 Posted February 6, 2014 Share Posted February 6, 2014 What's funny is that Carson cat would have a share issue when we are living out our means rather than harness the spending to a reasonable level. He suggests anything that is against the current board, it's always the current owners fault now, where as it was the board before the Agm, anything that pm was against then without a shadow of doubt so is CC. Would CC be tempting suicide if Dave king doesn't buy Into the share issue and the current investors actually make a success of the club.I don't think the current investors are a lot different from the original ones. Charlie, Imran. Laxey.....the front men have changed right enough.Dave King has said he'll invest in a new share issue Quote Link to post Share on other sites More sharing options...
Carson's cat 744 Posted February 6, 2014 Share Posted February 6, 2014 What's funny is that Carson cat would have a share issue when we are living out our means rather than harness the spending to a reasonable level. He suggests anything that is against the current board, it's always the current owners fault now, where as it was the board before the Agm, anything that pm was against then without a shadow of doubt so is CC. Would CC be tempting suicide if Dave king doesn't buy Into the share issue and the current investors actually make a success of the club.Most of the current investors are not in the least bit interested in the long-term future of the club. For them, we are nothing more than a means of making money. They are all just waiting for a decent offer for their shares. Quote Link to post Share on other sites More sharing options...
gmcf 34,090 Posted February 6, 2014 Share Posted February 6, 2014 If DK underwrites the share issue, about £20m.Without DK, about 20pAnything's better than administration, though, which is exactly where we're heading without further investment in the next six months. Quote Link to post Share on other sites More sharing options...
willygers4life 1,031 Posted February 6, 2014 Share Posted February 6, 2014 Most of the current investors are not in the least bit interested in the long-term future of the club. For them, we are nothing more than a means of making money. They are all just waiting for a decent offer for their shares.If they as bad as you always make out why hasn't DK came in bit the bullet and just bought them out if he is the saviour of the club, the investors stumped up the cash when needed, but yeah they might not be in it for the long haul but can't see them bowing out anytime soon can you Quote Link to post Share on other sites More sharing options...
Carson's cat 744 Posted February 6, 2014 Share Posted February 6, 2014 If they as bad as you always make out why hasn't DK came in bit the bullet and just bought them out if he is the saviour of the club, the investors stumped up the cash when needed, but yeah they might not be in it for the long haul but can't see them bowing out anytime soon can youHas it occurred to you that DK is perhaps waiting until the club's financial situation reaches the point that the Board is forced to offer him a large number of new shares in return for his cash? Quote Link to post Share on other sites More sharing options...
willygers4life 1,031 Posted February 6, 2014 Share Posted February 6, 2014 Has it occurred to you that DK is perhaps waiting until the club's financial situation reaches the point that the Board is forced to offer him a large number of new shares in return for his cash?So not really a rangers man then if he is going to wait for that to happen is it, risk the clubs future so he can act like the saviour pretty shit that Quote Link to post Share on other sites More sharing options...
Carson's cat 744 Posted February 6, 2014 Share Posted February 6, 2014 So not really a rangers man then if he is going to wait for that to happen is it, risk the clubs future so he can act like the saviour pretty shit thatHe has no other choice, though. None of the big shareholders will sell their shares to him at the current market price. And, anyway, if he's going to part with a lot of cash, he wants it all to go to Rangers not to the existing investors. Quote Link to post Share on other sites More sharing options...
mo55 65 Posted February 7, 2014 Share Posted February 7, 2014 If they as bad as you always make out why hasn't DK came in bit the bullet and just bought them out if he is the saviour of the club, the investors stumped up the cash when needed, but yeah they might not be in it for the long haul but can't see them bowing out anytime soon can youThey didn't stump up the cash when needed.They bought into a liquidated company.If they had bought into the company when needed then they would have bought into us when we were in administration. Quote Link to post Share on other sites More sharing options...
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