Buy Them Out?

[VantaaVale]

Given that we again seem to be facing a long battle to oust the remaining directors, I just wanted to gauge people's feelings about whether Mo should attempt to buy out the remaining directors at a preferential price.

 

The last figures for the shareholding I have are:

 

Bratt: 8834

Oliver: 6212

Lloyd: 10000

 

What if Mo tests their resolve by offering £10/share? I make that an outlay of £250460. In return, Mo's bid would be sanctioned by the board and their votes would be in favour of the bid.

 

Opinions please.

[Guppy 4 England]

They won't accept it , pointless.

[Jimmy]

NO deals with the 3 scrotes.

 

>>>>>>>>>>>>

[Bobbin]

I would far rather Mo's money go into the club rather than the director's pockets. Dont know if Mo would even consider this as a last resort. Doubt it.

[Howjy04]

They've had their money's worth they should leave with nothing.

[VantaaVale]

One other point, if AmeriTurf get £400K worth of shares, this would increase the amount that Mo would have to invest in order to obtain 51% to £1.6 million.

[Goal Drought]

Given that we again seem to be facing a long battle to oust the remaining directors, I just wanted to gauge people's feelings about whether Mo should attempt to buy out the remaining directors at a preferential price.

 

The last figures for the shareholding I have are:

 

Bratt: 8834

Oliver: 6212

Lloyd: 10000

 

What if Mo tests their resolve by offering £10/share? I make that an outlay of £250460. In return, Mo's bid would be sanctioned by the board and their votes would be in favour of the bid.

 

Opinions please.

 

 

Exactly my thoughts.

 

Had B&G the foresight to have used funds generated from selling scarves etc to purchase shares, Oliver would almost certainly have been gone by now as a minimum.

 

Unfortunately shares cant be bought at present, but will be buying more soon as possible.

 

Although apart from Meigh should Simms acccept then the board will be as I voted for with the removal of the 24.9% the only disappointment...

[Bede]

Buying shares from scarf proceeds would have been scandalous and almost certainly created a minefield of problems.

[HappyClapper]

I think this is what Vale Fan In Madrid hinted at for a long time before the GM.

 

Morally I'm opposed to it, but realistically, if it brought about a swift conclusion, I'd be for it.

[TheLegalBeagle]

Given that we again seem to be facing a long battle to oust the remaining directors, I just wanted to gauge people's feelings about whether Mo should attempt to buy out the remaining directors at a preferential price.

 

The last figures for the shareholding I have are:

 

Bratt: 8834

Oliver: 6212

Lloyd: 10000

 

What if Mo tests their resolve by offering £10/share? I make that an outlay of £250460. In return, Mo's bid would be sanctioned by the board and their votes would be in favour of the bid.

 

Opinions please.

 

Dear VV

 

If only it were that straight forward. They will not sell. We have asked many times !

 

Regards

[VantaaVale]

Cheers LB. I wonder why.

[TheSage]

They clearly will not sell.

 

You can offer them all the tea in China and they won't budge.

 

There must be a way around this. The votes were so very close last time and it would take a very small number of votes to tip things against them.