Yeah I like the sound of it. At least they’re not doing things like selling the tarmac

Surrounding the stadium, or the soil beneath the grass to a shell company on Canvey Island or summink.

Posted By: Augustus Pablo on January 28th 2023 at 08:37:58

Message Thread

Think the EDP have explained the share thingy quite straightforwardly (NCFC) - Augustus Pablo, Jan 28, 06:36:40
- On the dilution point….(sorry if this is really obvious) (NCFC) - SimonOTBC, Jan 28, 08:47:01
  - Yeah I see what you mean, hadn’t thought of it like that before. (NCFC) - Augustus Pablo, Jan 28, 09:10:00
    - No - because the new shareholder puts in cash (NCFC) - SimonOTBC, Jan 28, 09:26:47
      - Yeah I get you, but you can’t factor in the last paragraph. (NCFC) - Augustus Pablo, Jan 28, 09:48:13
        
        If liquidated on day 1 it’s worth £1.5m (NCFC) - SimonOTBC, Jan 28, 09:50:33
        
        That's true on 'day one' but one of many unknowns is what the cash will be used for. (NCFC) - The Gaffer, Jan 28, 10:26:36
        
        The new player will be an asset though and add to the value of the club (n/m) (NCFC) - Ken Dodds Dads Dog, Jan 28, 11:37:03
        
        Plenty of our signings have diminished our value (n/m) (NCFC) - CWC, Jan 28, 11:52:07
        
        Of course, hence the rashica / Buendia example (NCFC) - SimonOTBC, Jan 28, 14:52:05
        
        Mos assets depreciate but they don't lose their value the instant their photo is taken (NCFC) - Ken Dodds Dads Dog, Jan 28, 12:29:32
        
        Ok (n/m) (NCFC) - Augustus Pablo, Jan 28, 09:54:12
        
        All businesses are worth their intrinsic value (NCFC) - SimonOTBC, Jan 28, 09:58:09
        
        Agreed (n/m) (NCFC) - Augustus Pablo, Jan 28, 10:06:09
  - I'm afraid you've got that all the wrong way round (NCFC) - paulg, Jan 28, 09:02:19
    - ^^ Jimmy Carr's accountant (n/m) (NCFC) - Ken Dodds Dads Dog, Jan 28, 09:21:43
    - ? (NCFC) - SimonOTBC, Jan 28, 09:06:26
      - In my example they wouldn't (NCFC) - paulg, Jan 28, 09:33:07
        
        … (NCFC) - SimonOTBC, Jan 28, 09:38:47
        
        (1) is only correct until the cash is converted (NCFC) - CWC, Jan 28, 12:08:14
        
        I’ve never said anything to the contrary (n/m) (NCFC) - SimonOTBC, Jan 28, 14:48:35
        
        My example was a very basic one to help out those that are less familiar with these things (NCFC) - SimonOTBC, Jan 28, 14:51:04
        
        Eh, calm down, calm down! (n/m) (NCFC) - paulg, Jan 28, 16:11:53
        
        And is therefore not correct (NCFC) - paulg, Jan 28, 12:41:17
        
        No shit …. (n/m) (NCFC) - SimonOTBC, Jan 28, 14:49:15
        
        Depends how the company is valued (n/m) (NCFC) - paulg, Jan 28, 11:30:56
        
        🤪🤪🤪🤪 (n/m) (NCFC) - SimonOTBC, Jan 28, 14:48:56
- Also potentially the biggest injection of cash… (NCFC) - SimonOTBC, Jan 28, 08:24:10
- I was about to post does anyone understand the share thingy? (NCFC) - Kangol Canary, Jan 28, 08:20:19
  - What i would say about this article though…. (NCFC) - SimonOTBC, Jan 28, 08:39:52
  - We don’t know the current value as there is no readily available market value (NCFC) - SimonOTBC, Jan 28, 08:32:01
    - Yeah I like the sound of it. At least they’re not doing things like selling the tarmac (NCFC) - Augustus Pablo, Jan 28, 08:37:58
  - I think it’s misleading that they’re calling them unallocated shares, it’s seems to be (NCFC) - Augustus Pablo, Jan 28, 08:26:52
    - It’s the only way to get cash in which isn’t debt (NCFC) - SimonOTBC, Jan 28, 08:30:25
      - Ah I see, I couldn’t understand what they meant by it. (NCFC) - Augustus Pablo, Jan 28, 08:35:14
        
        Some people might have been…. (NCFC) - SimonOTBC, Jan 28, 08:37:34
        
        I see (n/m) (NCFC) - Augustus Pablo, Jan 28, 08:38:30
        
        As always with these things, people look to over complicate it (NCFC) - SimonOTBC, Jan 28, 08:42:24
        
        Yep... At which point it's useful (NCFC) - Cardiff Canary, Jan 28, 09:50:17
- Ye Har- can’t wait to get my hands on some more. (n/m) (NCFC) - Atta nassio here, Jan 28, 06:52:23

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