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Thread: Possible Takeover on Grove Street ?

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  1. #1
    Join Date
    Mar 2012
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    19,183
    Quote Originally Posted by Young_Nudger View Post
    I, and I would guess others, appreciate the time and effort you have put in to come up with these numbers.
    Personally - I haven’t a clue who has paid what into the club.

    All I can say about the issue is to repeat what I heard at the meeting last Thursday.
    Hence the reason IMO it’s important to attend these meetings.

    I don’t know how this works in practice - but Neerav said something on the lines of - those shareholders that were not part of the last two injections of money, their shareholding has decreases.
    I am presuming with that he means Lee and Conway.
    That is to say - the last £1 M and then £3.2 M investment has reduced the value of what Chien Lee holds.
    Not true Nudge.

    I would prefer to believe what has been legally registered by Barnsley Investment Holdings ( the club) on the Hong Kong Registry that the £1 Million shares sold and registered publically show all the Shareholdings were bought on 22 June 2022 in the first batch of 4 million at 25p each in proportion to existing holdings ie no transfers took place. If Parekh is suggesting the public registration is wrong that is a serious matter.

    The second batch of £3.2 million shares have only just been put up for offer and not yet registered,

    I haven't "come up" with these numbers. They are a matter of public record.
    Last edited by SBRed48; 25-09-2022 at 07:40 PM.

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