| ITFCshareholders 15:00 - Apr 22 with 1503 views | north_stand77 |
Just had an email from the club saying our £20 shares are worth 35p (low, as expected). |  | | |  |
| ITFCshareholders on 15:00 - Apr 22 with 1484 views | hype313 |
Freddo's all round then. |  |
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| ITFCshareholders on 15:01 - Apr 22 with 1470 views | north_stand77 |
| ITFCshareholders on 15:00 - Apr 22 by hype313 |
Freddo's all round then. |
Think that might be excessive if they cost 40p | | | |
| ITFCshareholders on 15:02 - Apr 22 with 1473 views | PhilTWTD |
It also says they're not exercising their tag right, so the situation is as we were. |  | | |
| ITFCshareholders on 15:15 - Apr 22 with 1397 views | Keno |
| ITFCshareholders on 15:02 - Apr 22 by PhilTWTD |
It also says they're not exercising their tag right, so the situation is as we were. |
Do you know if an ITFC shareholder can sell their shares to anyone else? |  |
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| ITFCshareholders on 15:35 - Apr 22 with 1320 views | BlueBlueBluex2 |
| ITFCshareholders on 15:15 - Apr 22 by Keno |
Do you know if an ITFC shareholder can sell their shares to anyone else? |
Start with the basics by asking "Do you know anyone daft enough to want to buy a worthless share" and work backwards from there. |  | | |
| ITFCshareholders on 15:37 - Apr 22 with 1307 views | PhilTWTD |
| ITFCshareholders on 15:15 - Apr 22 by Keno |
Do you know if an ITFC shareholder can sell their shares to anyone else? |
Yes, I've done it, sort of. I had my dad's shares transferred to my brother. You basically have to agree a price with whoever wants to buy them, then get a form from the club, fill it in and send it back to them and they'll be transferred. | | | |
| ITFCshareholders on 15:45 - Apr 22 with 1259 views | Charlie_pl_baxter |
Interesting detail in the story that they expect to further dilute the PLC shareholding as they bring in additional cash in return for equity. Hopefully this means they are not currently planning to load the club with new debt.
Any finance types got a view on this? |  |
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| ITFCshareholders on 16:00 - Apr 22 with 1200 views | azuremerlangus |
The shares were sold to us for £20 each but quoted as 25p shares.
So, at 35p they are worth a bit more now. |  |
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| ITFCshareholders on 16:01 - Apr 22 with 1188 views | BlueWorldOrder |
| ITFCshareholders on 15:02 - Apr 22 by PhilTWTD |
It also says they're not exercising their tag right, so the situation is as we were. |
How much would it cost roughly to buy all the shares in the PLC? |  |
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| ITFCshareholders on 16:27 - Apr 22 with 1120 views | Pinewoodblue |
Letter didn’t say that at all. Had the new owners purchased the shares held by the PLC they would have paid the PLC 35p a share. The number of shares in the PLC may be more, or less, than the number of shares in ITFC held by the PLC. |  |
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| ITFCshareholders on 16:40 - Apr 22 with 1081 views | SamWhiteUK |
| ITFCshareholders on 16:27 - Apr 22 by Pinewoodblue |
Letter didn’t say that at all. Had the new owners purchased the shares held by the PLC they would have paid the PLC 35p a share. The number of shares in the PLC may be more, or less, than the number of shares in ITFC held by the PLC. |
You think the shares held by the PLC are worth more than those held by Gamechanger? |  | | |
| ITFCshareholders on 16:52 - Apr 22 with 1038 views | Freddies_Ears |
| ITFCshareholders on 15:45 - Apr 22 by Charlie_pl_baxter |
Interesting detail in the story that they expect to further dilute the PLC shareholding as they bring in additional cash in return for equity. Hopefully this means they are not currently planning to load the club with new debt.
Any finance types got a view on this? |
It was commented at the time of the takeover that the US owners would be injecting further funds via equity rather than debt, which would mean we don't build up further debt.
I think it was either a regulatory or tax issue in the US.issue
It does mean that the PLC's 12.5% is set to get verydiluted, but that wouldn't be a massive issue for the vast majority. | | | |
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