This is a one shot deal at this.....
They could. But he wants control. He would end up with more than 30% of the shares and be obliged to offer for the rest.
If you set the price low to the level where this would be acceptable to Cullum, you get what is known as dilution. Under the directors' obligations to the shareholders, they are almost certainly restricted from doing that.
Therefore your 'idea' is sunk.
Posted By: Johnny Comecardiff on July 11th 2008 at 12:51:37
Message Thread
- Peter Cullum & Delia Smith (NCFC) - EtuWHO, Jul 11, 12:22:09
- Point missing (NCFC) - malkybarkid, Jul 11, 12:27:39
- Exactly (NCFC) - EtuWHO, Jul 11, 12:35:45
- Point missed completely (NCFC) - phrankin, Jul 11, 12:35:17
- What on earth are you on about? (n/m) (NCFC) - sheffieldcanary, Jul 11, 12:36:32
- Same dreary old cobblers as usual, I suspect. (n/m) (NCFC) - Johnny Comecardiff, Jul 11, 12:38:13
- Thick twat. (n/m) (NCFC) - phrankin, Jul 11, 12:38:04
- Bit rude. (NCFC) - sheffieldcanary, Jul 11, 12:40:19
- Par for the course (n/m) (NCFC) - CB41, Jul 11, 12:44:32
- Bit rude. (NCFC) - sheffieldcanary, Jul 11, 12:40:19
- What on earth are you on about? (n/m) (NCFC) - sheffieldcanary, Jul 11, 12:36:32
- No matter how many times you say it mate, (NCFC) - NCFC4life, Jul 11, 12:31:27
- Depressing isn't it? (NCFC) - malkybarkid, Jul 11, 12:35:50
- Point missed completely (NCFC) - phrankin, Jul 11, 12:36:27
- What new shares!!??? (n/m) (NCFC) - malkybarkid, Jul 11, 12:38:58
- The Board could issue NEW SHARES..... (NCFC) - phrankin, Jul 11, 12:44:30
- This is a one shot deal at this..... (NCFC) - Johnny Comecardiff, Jul 11, 12:51:37
- The Board could issue NEW SHARES..... (NCFC) - phrankin, Jul 11, 12:44:30
- No, the point is... ITS THE WEEKEND! (n/m) (NCFC) - sheffieldcanary, Jul 11, 12:37:51
- What new shares!!??? (n/m) (NCFC) - malkybarkid, Jul 11, 12:38:58
- Point missed completely (NCFC) - phrankin, Jul 11, 12:36:27
- Depressing isn't it? (NCFC) - malkybarkid, Jul 11, 12:35:50
- Head. Nail. Hit. (n/m) (NCFC) - sheffieldcanary, Jul 11, 12:29:04
- I have the answer - (NCFC) - CB41, Jul 11, 12:26:38
- There really is need for an ignore filter. I've tried working for a few hours and failed. (n/m) (NCFC) - sheffieldcanary, Jul 11, 12:25:16
- Yep..... (NCFC) - Johnny Comecardiff, Jul 11, 12:39:51
- Point missing (NCFC) - malkybarkid, Jul 11, 12:27:39
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