A quick £13m profit for Green and pals

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Charles Green and his initial backers have achieved a remarkable result with what is already evident in their prospectus.  Page 66 notes: “In the period to 31 August 2012, a total of 25,340,000 shares were issued for a total consideration of £7,719,000”, issued at approximately 30.4p per share.  At a price of 70p per share these shares would be worth £17.738m, a cool £10m profit.

Since that August date Green has enjoyed something of a windfall.  Page 83 notes, “The contractual right to an option over 10 per cent. of the enlarged ordinary share capital of RFCL was exercised by Charles Green on 31 October 2012 by a partial exercise notice pursuant to which 5,000,000 ordinary shares of 1p each in RFCL were issued to Charles Green on 31 October 2012.”

That’s 5m shares, worth 70p each, which is a stunning £3.5m to add to the above £10m!

Have you heard how great the CQN Annual is? You can order online here, not many posting days left before Christmas!

Next month a raft of new bodies will have notifiable shareholdings, specifically: Hargreave Hale, Artemis Investment Management, Cazenove Capital Management, Legal & General Investment and Insight Investment Management, all of whom will seek returns for their money.

2012 was the year Rangers were liquidated.  It was also the year the assets were snatched from the grasp of an array of Rangers fans by people who saw an opportunity.

2013 will bring an SPL Commission and Upper Tier Tribunal issues for oldco but the consequences of these share issues will determine the performance of newco for decades to come.  I think you and me should keep quiet about this.  Let Charlie carry on and do what he needs to do over the coming weeks.

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  1. Been kippin’……lazy git……woke up, switched on goggle-box….Bra1-0Ars…….now watching very innaressin’ game.

  2. Bradford have been excellent so far. Too many Arsenal players with their arms outstretched when a pass goes amiss. Not enough players take responsibility and get a grip of the game.

     

    If it finishes like this I can see Wenger resigning,

     

    I hope its not tonight though, would mean my bet is down.

  3. Gene's a Bhoys name on

    canamalar

     

    the problem is that with the mentality in Scotland those Companies may worry that they will alienate themselves with over half the population. Sad but true

  4. Gene's a Bhoys name on

    Bada – however we could draw parallels with our team and performance against Arbroath at CP.

     

    No banana skins tomorrow

  5. Neil canamalar Lennon hunskelper extrordinaire on

    Jobo…,

     

    I boobed, keep getting mixed up.

     

    Will try another couple of places

  6. The boy jinky.

     

     

    I had a look at rfc’s records.

     

    There’s not been an update on their list since the 15th of may 2011.

     

    Surely its just an oversight by thems regarding all these new records they’ve achieved as late.

     

    Cheers Jinks.hh

  7. Like the butcher’s apron removed from the firmament, t’rankers gotta go. Intae the abyss, away wi’ them.

     

    Sinister clowns.

  8. MT

     

     

    I’ve got your number. I was using the public toilets in Buchanan Bus Station and there it was, on the wall!!! ;-)

     

     

    Might be able to squeeze in a beer before Christmas when were you thinking?

  9. Neil canamalar Lennon hunskelper extrordinaire on

    Jobo..,

     

    Check out the other link, might be limited speed and may only let you download a half per day but going by how long you’ve already waited, can’t see it being a big issue, good luck

     

    Hail hail

  10. I suggested on here weeks ago we get Rod Stewart to head up a charity/foundation with a suitable name that we can put on the jersey to promote – the goodwill and increase in brand exposure across the world would more than make up for the pittance we get from the likes of Tennants.

     

    Think Thai Tims multiplied 1000s of times. Take the Hoops to the poor, the downtrodden, the hungry, the neglected, the abused, the forgotten.

     

    Think of the names Rod could pull in to help on the PR front – every A-lister going. What’s in it for him? A legacy beyond music, blondes and booze (nothing wrong with that I hear you say). But maybe he wants to be remembered for more – for an eternal connection with Celtic.

     

    Ridiculous? Perhaps. Has to beat the usual suggestions though.

  11. I’m friendly with two Gooners….good banter. I will be lookin’ them up ra morra. Like one of them said to me, “Arbroath???”, I will be querying, ” Ow mooch??? ”

     

    1-1

     

    Well….same as us.

     

    Gotta tell you though, they were full of praise for us getting to the last 16.

  12. winning captains

     

     

    I have gone with my team of the 70s.

     

     

    I left out a few Lisbon Lions because they left in the early 70s or their best days were behind them. Still found room for Bobby, Lemon and Jinky because of their contribution to an EC Final, 2 EC semi finals and a quarter -final in the first 5 seasons of the 70s:-

     

     

    Hunter

     

     

    McGrain Mcluskey Stanton Hay

     

     

    JJ Bobby M Connelly Stevie Murray

     

     

    King Kenny Buzzbomb

     

     

     

    Honourable mentions to Edvaldsonn, Deans, Glavin, Lynch and Brian McLaughlin. On another day Pat McLuskey would lose his place with Connelly falling back and one of them could get a game.

  13. One of my gold fillings just fell out (damned sports gums cant resist them)

     

    So, the question is ;do I visit the dentist or cash for gold ?

     

    Gabbyhayescsc

  14. harryhoodsdugbitme on

    Ntsassoolaaaargh.. Never heard that murdering cow quoted on here before. Oh well… The fact these comments were on Neils twitter sccount kinda put it out there. HH.

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