Property prices
I think residential property was holding up in October, however commercial property values had been sliding since well before then.
I paid ?25 for mine in 2002. At which time the assets were worth less - but the club's debt position was substantially better, and our footballing prospects were hugely better. But since there is no market in the shares who knows where the true value lies.
BUT having stayed at the same price for over 5 years the price, and therefore the amount payable to Smith/Jones rose by 20% just a few days before Cullum made contact at Clarke's behest.
Posted By: Mr Creosote on June 30th 2008 at 23:52:22
Message Thread
- Minimum? (NCFC) - Mr Creosote, Jun 30, 23:27:09
- The club say Minimum because the price of shares tend to rise in a takeover battle (NCFC) - biffbro, Jul 1, 06:47:21
- that assumes loans have to be repaid now? (NCFC) - phrankin, Jun 30, 23:58:40
- The debt is structured like a mortgage (NCFC) - Mr Creosote, Jun 30, 23:59:59
- yep but not 20 million at once. (NCFC) - phrankin, Jul 1, 00:04:43
- Yes I know (NCFC) - Mr Creosote, Jul 1, 00:06:32
- all I know is that with Delia we are going nowhere (NCFC) - phrankin, Jul 1, 00:11:53
- Going nowhere (NCFC) - Mr Creosote, Jul 1, 00:17:08
- all I know is that with Delia we are going nowhere (NCFC) - phrankin, Jul 1, 00:11:53
- Yes I know (NCFC) - Mr Creosote, Jul 1, 00:06:32
- yep but not 20 million at once. (NCFC) - phrankin, Jul 1, 00:04:43
- The debt is structured like a mortgage (NCFC) - Mr Creosote, Jun 30, 23:59:59
- all seems a bit blunt really (NCFC) - Tomblander, Jun 30, 23:31:01
- 'apparently' or looked at the dates and had a guess that it might have been? (n/m) (NCFC) - megson, Jun 30, 23:29:49
- The dates (NCFC) - Mr Creosote, Jun 30, 23:38:59
- Hmm that is interesting, however had the share value been raised before? (NCFC) - megson, Jun 30, 23:40:58
- Property prices (NCFC) - Mr Creosote, Jun 30, 23:52:22
- all very nice but unfortunatly it shows why noone has invested in us (NCFC) - phrankin, Jul 1, 00:00:42
- Property prices (NCFC) - Mr Creosote, Jun 30, 23:52:22
- Hmm that is interesting, however had the share value been raised before? (NCFC) - megson, Jun 30, 23:40:58
- The dates (NCFC) - Mr Creosote, Jun 30, 23:38:59
- Lifted from the Pink'Un... (NCFC) - Dog, Jun 30, 23:29:49
- have you ever met an accountant? (NCFC) - Tomblander, Jun 30, 23:32:32
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