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Buying GTFC shares

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psgmariner
September 10, 2019, 11:47am Report to Moderator

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I see you can buy them from the online store.

https://www.extra-gtfc.co.uk/acatalog/Ordinary-Shares-of--100-985.html#SID=487

Has anyone done it? Obviously there is pretty much zero chance of a return on your investment but are there are any benefits? I'm stuck for gift ideas and getting desperate!



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grimsby pete
September 10, 2019, 11:54am Report to Moderator

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Quoted from psgmariner
I see you can buy them from the online store.

https://www.extra-gtfc.co.uk/acatalog/Ordinary-Shares-of--100-985.html#SID=487

Has anyone done it? Obviously there is pretty much zero chance of a return on your investment but are there are any benefits? I'm stuck for gift ideas and getting desperate!



In the past if you bought £500 worth you could have a place on the board.


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psgmariner
September 10, 2019, 11:55am Report to Moderator

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Quoted from marinerdazza
An Ex bought some for me about 15 years ago. Purely decorative really, quite expensive, and pretty much useless. The shares were ok though.








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Mariner Timsky
September 10, 2019, 11:58am Report to Moderator

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Quoted from grimsby pete


In the past if you buy 500 you could have a place on the board.


I was just about to ask what is the max you can buy??

I'm sure if you tried to buy say 500 the Club would be in touch straight away right?


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grimsby pete
September 10, 2019, 12:09pm Report to Moderator

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Quoted from Mariner Timsky


I was just about to ask what is the max you can buy??

I'm sure if you tried to buy say 500 the Club would be in touch straight away right?


Have a word with our race horse trainer who I believe only owns £500 worth.

He might give you a tip on how to get on the board .  


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Mariner Timsky
September 10, 2019, 1:01pm Report to Moderator

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I can only afford 499 right now - will have to wait till pay day


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psgmariner
September 10, 2019, 1:02pm Report to Moderator

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These are £100 each. You must have a decent job!


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chrissy
September 10, 2019, 1:37pm Report to Moderator

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Quoted from psgmariner
These are £100 each. You must have a decent job!


He must mean five  


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m4riners
September 10, 2019, 1:52pm Report to Moderator
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Interesting...

As a public company, I'd be interested to know what authority limit there is on these shares. Creating shares needs board approval, and I guess they don't do that for each order on the store!

I guess most people buy them as a "gift" for the certificate, but these are shares in the company, so I personally think its irresponsible to just whack them on the website with this heading without properly explaining what it all means.

Wonder how many other clubs do it like this, without having a proper scheme for fan ownership.... i.e. see if we can fleece some fans for £100 for a "gift" and keep stum on everything else...
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KingstonMariner
September 10, 2019, 1:54pm Report to Moderator
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I suppose the things it can buy you are limited. The main thing being the right to attend the AGM and any other shareholder meetings that might crop up, and vote at them. Obviously unless you're into the hundreds of thousands your influence will be extremely limited.


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