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A Message For Shareholders Of GTFC

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DB	April 11, 2021, 7:55pm
Barley Wine Drinker Posts: 18,974 Posts Per Day: 15.39 Reputation: 57.79% Rep Score: +13 / -13 Approval: +4,055 Gold Stars: 391	If Fenty owns just over 40% and the Trust 13% then that takes it over the 50% needed for a motion to be carried. If this is the case then isn't everything else just going through the process of voting upon which the result has already been decided? You can please some of the forumites some of the time but not all the forumites all of the time
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barralad	April 11, 2021, 8:23pm
Mariners Trust Posts: 13,808 Posts Per Day: 2.31 Reputation: 79.47% Rep Score: +85 / -22 Approval: +9,299 Gold Stars: 127	Quoted from DB If Fenty owns just over 40% and the Trust 13% then that takes it over the 50% needed for a motion to be carried. If this is the case then isn't everything else just going through the process of voting upon which the result has already been decided? This motion has to be passed by a margin of 75% not 50%. The aim of argument or discussion should not be victory but progress. Joseph Joubert.
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DB	April 11, 2021, 10:14pm
Barley Wine Drinker Posts: 18,974 Posts Per Day: 15.39 Reputation: 57.79% Rep Score: +13 / -13 Approval: +4,055 Gold Stars: 391	Quoted from barralad This motion has to be passed by a margin of 75% not 50%. I didn't realise that, but if you throw in Parkers shares then that'll be the 75%, then the vote is a foregone conclusion. You can please some of the forumites some of the time but not all the forumites all of the time
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KingstonMariner	April 11, 2021, 10:31pm
Meths Drinker Posts: 22,096 Posts Per Day: 6.04 Reputation: 79.33% Rep Score: +42 / -11 Approval: +23,440 Gold Stars: 218	Quoted from pen penfras Or, he put £250k into the club in return for them as per his agreement with the trust. A further loan you mean, which he is getting back. So he has not paid a penny for those shares. Through the door there came familiar laughter, I saw your face and heard you call my name. Oh my friend we're older but no wiser, For in our hearts the dreams are still the same.
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Davec	April 12, 2021, 6:54am
Whiskey Drinker Posts: 3,599 Posts Per Day: 1.16 Reputation: 65.33% Rep Score: +15 / -10 Approval: +1,455 Gold Stars: 42	It seems to me the vote is just a box ticking exercise which is required by law as I think we all know that both resolutions will be passed. To pass they need 75% of votes cast, I am assuming Fenty, Parker and the trust will all vote for, that alone is just under 75% of the votes so you just need to find an extra 1% and given a lot of people who are shareholders want this to happen finding that 1% is a certainty it seems.
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The_Laughing_Mariner	April 12, 2021, 8:47am
Brandy Drinker Posts: 2,842 Posts Per Day: 0.47 Reputation: 78.02% Rep Score: +17 / -5 Approval: +1,047 Gold Stars: 10	So what us the difference between a private Ltd company and a publicltd company. Can someone who knows answer as opposedto i think it's.....or some bullshitter making an answer up <'(((((< When I was a little boy I asked my daddy what would i be would I be United, would i be Leeds Here's what he said to me Oh Grimsby Grimsby Whatever will be will be You'll follow then faithfully Oh Grimsby Grimsby Tell me Mam me Mam I dont want no tea no tea I'm watching the Grimsby Tell me Mam me mam
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The_Laughing_Mariner	April 12, 2021, 8:47am
Brandy Drinker Posts: 2,842 Posts Per Day: 0.47 Reputation: 78.02% Rep Score: +17 / -5 Approval: +1,047 Gold Stars: 10	So what us the difference between a private Ltd company and a publicltd company. Can someone who knows answer as opposedto i think it's.....or some bullshitter making an answer up <'(((((< When I was a little boy I asked my daddy what would i be would I be United, would i be Leeds Here's what he said to me Oh Grimsby Grimsby Whatever will be will be You'll follow then faithfully Oh Grimsby Grimsby Tell me Mam me Mam I dont want no tea no tea I'm watching the Grimsby Tell me Mam me mam
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pen penfras	April 12, 2021, 10:28am
Cocktail Drinker Posts: 1,689 Posts Per Day: 0.66 Reputation: 58.56% Rep Score: +8 / -9 Approval: -131 Gold Stars: 71	Quoted from The_Laughing_Mariner So what us the difference between a private Ltd company and a publicltd company. Can someone who knows answer as opposedto i think it's.....or some bullshitter making an answer up Differences can vary, but the main differences will be that the company isn't bound by 'the code' or the takeover panel. Accounts don't have to be audited and can contain much less detail. The new articles will set out a lot of how the company is to be run, and some of them are not what I'd expect, but they may be subject to change in the future.
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malkamalka	April 12, 2021, 10:48am
Table Wine Drinker Posts: 887 Posts Per Day: 0.15 Reputation: 83.41% Rep Score: +2 / 0 Approval: +150 Gold Stars: 17	Would GTFC shares be automatically transferred to 1878 Partners - or will that just be a Holding Company and GTFC PLC will remain as is? Or is 1878 Partners just the entity for buying Fenty's shares? "Knowledge speaks, but wisdom listens." (Jimi Hendrix)
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