Thread: D'on gone!
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Old 22-08-2010, 17:28   #82
maccawozzagod
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Re: D'on gone!

i would imagine that the previously approved share issue was officially given the in ahead to happen. Ilyas and Peter obviously wanted it to happen and Rob would have had the casting vote to push it through. I reckon don threw his hat in at that point. Eric or Don, it doesn't matter anymore - their 51 will now be worth 25? 10? Dunno, but their influence will now be significantly diluted. We can now look forwards to a significant cash influx when the shares are ready for sale.

I think that 'the fans' would probably only purchase a small amount of shares and that we'll be hoping for some decent bulk buying from the business sector. I'd like to see the council take some kind of fiscal interest in this move as well. I'm more than made up with the promise that installments can be made as this will probably double the pittance that i can afford to chip in! I would suspect that it will also aid the budgeting of the many businesses that we will want to get involved.
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