Good Try Mr. McKenzie

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Jimbo I think Craig Thomson agreed with you. ? …

Comment on Good Try Mr. McKenzie by Trisidium.

Jimbo
I think Craig Thomson agreed with you. ?

Trisidium Also Commented

Good Try Mr. McKenzie
Smugas
The trouble with any solution, extending loans or increasing equity, is that they are required as the price to be paid to maintain the illusion that time has been suspended and that this is the Rangers of the past.
Consequently, there is almost zero prospect of a return, even at break-even, of any loan or investment.
Austerity is the only possible way out of this, and a distinct possibility, even longer term, that without some game-changing event taking place, pre-eminence will never be achieved.
Getting rid of King may be a step on the road to survival, but not a rung in a ladder to the top.


Good Try Mr. McKenzie
EJ
I think the trigger % requiring the concert party to offer to buy all shares would be more likely to happen in any debt to equity swap. In that event they would certainly be above the 30-odd % event horizon.
King’s shares would not be a bargain at 26p either since his departure would almost certainly see preemption rights disapplied soon after.


Recent Comments by Trisidium

It Is Better To Offer No Excuse Than A Bad One
Be surprised if the larger part of the loans is converted to shares.
Control of a structurally insolvent company lies not in virtually worthless shares, but with the major creditors who will retain control when the shareholders are all stiffed.
Going to happen.


It Is Better To Offer No Excuse Than A Bad One
John C
Might be registered in the far east?


It Is Better To Offer No Excuse Than A Bad One
AJ
There’s only one David Low. 👍😊


It Is Better To Offer No Excuse Than A Bad One
Highlander,
Wasn’t aware that anyone had reproduced Concomitant’s article elsewhere. Nobody asked either, but it’s not a problem for us.
As we’ve said, it’s not a contest. 👍


It Is Better To Offer No Excuse Than A Bad One
John C
So true about the sport being killed by the authorities.
No matter how corrupt RFC were, the sport could have survived the reputational damage imposed by a rogue club. Impossible to survive damage imposed by rogue governance.


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