20p per share may be last exit chance on Rangers Mark II

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There was never any doubt that Honest Dave King would be ordered to make an £11m offer to minority shareholders in Newco Rangers after an enforcement today by the Takeover Appeals Board.

King’s counsel claimed he was “penniless” and unable to make good on the offer, which is a legal requirement on any individual or individuals acting in concert, acquire 30% of a company. I initially considered it was unlikely that many shareholders would accept the 20p price, but the Sinking Ship Scenario is in play. This may be shareholders last chance to recover any investment in Rangers Mark II.

Of course, none of this would have happened if they stuck with the Easdales and Mike Ashley, or Charles Green and Mike Ashley, of anyone else who was able to employ a Nomad or attract tens of millions of pounds investment.  But glib and shameless Geppetto wanted control and he pulled all the right strings.

Have a great weekend and enjoy the game tomorrow.

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  1. Killie have come extremely close 3 times in last 5 minutes. Two decent saves by Keeper one wide off the post.

  2. Hunderbirds are Gone on

    To maintain an interest in this game I have invested one pound on a Kilmarnock comeback win at 13/1 with PP.

  3. They should be down to 9 men.

     

    Gollum bottled it by not showing Tavernier a 2nd yellow then books John for pulling back Killie player.

     

    Should’ve been his 2nd yellow as he ran into crowd to celebrate his goal.

     

    It’s a booking for everyone else but I’m naw paranoid

     

     

    HH

     

    RP

  4. Real will be looking for a new manager then.

     

     

    Wonder who’ll be linked with them?

     

     

    I understand Brendan is fluent in Spanish.

  5. Steven Thompson

     

    Former Rangers striker on BBC Sportsound

     

     

    It would be travesty if Kilmarnock don’t get anything from this game. They have been the better team by a long distance

  6. Surprised JF is not starting, always does well against Aberdeen.

     

    Regardless, looking forward to the game.

     

     

    HH

  7. Gerryfaethebrig on

    Smyth 1.46

     

     

    Coupon picks are

     

     

    Derby

     

    Scunthorpe

     

    Shrewsbury

     

    Preston

     

    Sunderland

     

    Dundee Utd

     

    Ayr Utd

     

     

    If betting, remember and bet responsibly :-)

  8. An Tearmann on 23rd December 2017 11:39 am

     

     

    Drivel. Rangers should have been consigned to the dustbin of history.

     

    Their swindling made a mockery of Celtic and Celtic subsequently done nothing to impede their resurrection.

     

    Guilty.

     

    In fact Im sure they contributed to it.

     

    Here

     

    for you and your ilk

     

     

    Merry Christmas

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