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Mariners Trust share purchasing

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Iknowyoursecret	May 26, 2020, 9:03pm
Beer Drinker Posts: 120 Posts Per Day: 0.08 Reputation: 60.18% Rep Score: +0 / -3 Approval: -34 Gold Stars: 2	I have a few questions Who’s shares are we buying ? If Ian Holloway bought a load of share where did these come from you can’t just make them up Does this mean that everybody that is a shareholder, that there holdings have been diluted.Have they the permission of the shareholders.
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crusty ole pie	May 26, 2020, 10:33pm
Whiskey Drinker Posts: 3,072 Posts Per Day: 0.54 Reputation: 89.09% Rep Score: +16 / -1 Approval: +3,336 Gold Stars: 63	You will be buying new shares I believe the board are well within their rights to issue small numbers of new shares to raise money.
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Iknowyoursecret	May 26, 2020, 11:19pm
Beer Drinker Posts: 120 Posts Per Day: 0.08 Reputation: 60.18% Rep Score: +0 / -3 Approval: -34 Gold Stars: 2	But didn’t the new manger also buy shares,surely can’t make any more
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mimma	May 27, 2020, 12:37am
Brandy Drinker Posts: 2,647 Posts Per Day: 0.44 Reputation: 85.27% Rep Score: +15 / -2 Approval: +5,566 Gold Stars: 78	My understanding is that there are some shares that are unsold and held by the club for people to buy. I bought a share a while back. In the annual accounts it lists how many shares have been bought in the financial year. It's usually about 250 - 300 in a year. The number of shares is the value of the business. If Town has been valued at say £5 million, then that's the value of the shares in that company. You can't just print more shares since you are increasing the value of the business beyond its worth. This is my understanding of how shares work.
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forza ivano	May 27, 2020, 9:32am
Exile Posts: 14,714 Posts Per Day: 2.46 Reputation: 78.4% Rep Score: +72 / -20 Approval: +15,147 Gold Stars: 265	Quoted from mimma My understanding is that there are some shares that are unsold and held by the club for people to buy. I bought a share a while back. In the annual accounts it lists how many shares have been bought in the financial year. It's usually about 250 - 300 in a year. The number of shares is the value of the business. If Town has been valued at say £5 million, then that's the value of the shares in that company. You can't just print more shares since you are increasing the value of the business beyond its worth. This is my understanding of how shares work. If you issue more shares the value of the individual shares is diminished. The company is still worth £5 million but if the shares in circulation are doubled from day 500,000 to a million your individual shares value is halved from £10 to £5. It's not a nice feeling when it happens to you as an investor, but it can be a good thing long term as it gives the company a cash boost when it might be undertaking an expansion plan or takeover which will benefit everyone in years to come
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Gaffer58	May 27, 2020, 11:22am
Brandy Drinker Posts: 2,986 Posts Per Day: 0.88 Reputation: 57.51% Rep Score: +6 / -8 Approval: +4,096 Gold Stars: 31	The current Mrs Gaffer got me a share for Christmas, doesit mean that soon the frame I put it in will be worth more then the share?
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realist	May 27, 2020, 11:34am
Table Wine Drinker Posts: 768 Posts Per Day: 0.15 Reputation: 38.33% Rep Score: +5 / -18 Approval: -2,684 Gold Stars: 41	Is it a condition of purchase that you have to hand them over to the major shareholder for nothing?
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grimsby pete	May 27, 2020, 12:20pm
Exile Posts: 55,680 Posts Per Day: 9.81 Reputation: 81.7% Rep Score: +126 / -28 Location: Suffolk Approval: +17,796 Gold Stars: 222	You do not buy shares in Grimsby Town FC to make money. You should be buying them to support the club.                              Over 36 years living in Suffolk but always a mariner.                              68 Years following the Town                               Life member of Trust                                First game   April 1955
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GrimExile	May 27, 2020, 12:30pm
Live in Bucks born and bred in Grimsby. Table Wine Drinker Posts: 546 Posts Per Day: 0.15 Reputation: 87.77% Rep Score: +6 / 0 Location: Buckinghamshire Approval: +1,280 Gold Stars: 36	Quoted from grimsby pete You do not buy shares in Grimsby Town FC to make money. You should be buying them to support the club. Here here. About to buy mine now.
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Gaffer58	May 27, 2020, 12:34pm
Brandy Drinker Posts: 2,986 Posts Per Day: 0.88 Reputation: 57.51% Rep Score: +6 / -8 Approval: +4,096 Gold Stars: 31	So what do you think Ollie’s motives were for him purchasing around £100k, don’t think it’s because he supports the club ?
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