A quick £13m profit for Green and pals

885

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. Phyllis Dietrichson on

    Garcia -if you need any help tracing that Toryglen couple for the cine tape give me a shout. If they went to St Brigid’s any time in the last 30 years my mum will remember them.

     

     

    Re the guy on Mastermind answering on the History of Celtic F.C – it was me who posted that. It was in the Daily Mirror TV pullout on Sat 1st Dec, saying he was on the Friday 7th. It wasn’t on the programme guide but another poster said it was this Friday (14th). It’s still not on the programme guide for this week though – grrr.

  2. If we can get through the next round in Europe , and that is a big IF, I would love to draw Arsenal.

     

    I still think we owe them one from the diving antics of Eduardo, and , they don’t like a robust approach.

     

    They are a second rate Barca , and I would ‘love it’ if we could put one over them

  3. Phyllis Dietrichson on

    Gene’s a boys name -a nice way of checking my bona fides -only one “d” in St. Brigid’s.

  4. Gene's a Bhoys name on

    Phyllis Dietrichson

     

    spelling was never my strong subject – we used to get it drummed into us that it was Brigid not Bridget and I cock it up after all this time

  5. HT 4GF Either this Saturday or next am easy but then again HT you getting my number of the toilet wall will know that :)))

     

     

    HH

  6. Team of the 70s

     

     

    1 Latchford 2. McGrain 3. Lynch 4. Stanton 5. McDonald 6. Aitken 7. Provan 8. Glavin 9. Dalglish 10. MacLeod 11. Lennox

     

     

    Based on players I saw as a young bhoy from 1976 onwards

     

     

    80s

     

     

    1. Bonner 2. McGrain 3. Dwzchyck 4. Aitken 5 McCarthy 6. MacLeod 7 . Provan 8. McStay 9. Nicholas

     

    10. Burns 11. McClair

     

     

    90s

     

     

    1. Bonner 2. Boyd 3. McKinlay 4. Aitken.5. Elliott 6. Burns 7. Larsson 8 McStay 9. Big Jackie 10. Lambert 11. Collins

     

     

    00s

     

     

    1 Holy goalie. 2. Jackie MacNamara 3. Mahe 4. Joos 5. Bobo 6. Lennon 7. Larsson 8. Lambert 9. Sutton 10 Petrov 11. Hartson

     

     

    Fantastic memories 37 years of watching the hoops. Probably missed oot loads!

  7. Setting the bears free

     

     

    MacAvennie…. Just missed out, a toss up between Macca and McClair, loved Macca though !

  8. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    setting free the bears

     

     

    22:09 on

     

    11 December, 2012

     

     

    …he was too busy chasing’ the burds ……..

  9. Neil canamalar Lennon hunskelper extrordinaire on

    Anybody seeing parallels with arsenal’s form and ours when dealing with diddy teams

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