Quote Originally Posted by mickd1961 View Post
I’m with B.B. on this.

I’ve run my own LTD company for 21 years and I can’t get my head around this.

Borrowing money whilst you’re cash comfortable seems strange but I along with many businesses will borrow to leave ready cash for other things rather than need to go beginning the bank from a position of weakness.

This “saving to pay small shareholders” is laughable,since when have JP or Mightly Midget cared about the 12% of smallshaee holders?

I’d like to see this £27m in black and white and to know if it’s cash or assets.

Like others have said.....no way would JP have left £27m in cash in the safe.

I echo this from running my own companies. Do you really think JP gave a feck about the minority shareholders? Peace could have cut the shareholders some kind of deal in the Lai buyout which was the perfect opportunity. The man is a w anker!