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Thread: Latest share transaction

  1. #1
    Join Date
    Jan 2014
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    Latest share transaction

    I enclose details of the latest Dundee Football Club Limited share transaction which took place on 26th April 2024. https://find-and-update.company-info...filing-history
    49,041,442 shares were issued at 1.35p each in repayment of 662,059.47 due to Football Partners Scotland.

  2. #2
    Join Date
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    Quote Originally Posted by islaydarkblue View Post
    I enclose details of the latest Dundee Football Club Limited share transaction which took place on 26th April 2024. https://find-and-update.company-info...filing-history
    49,041,442 shares were issued at 1.35p each in repayment of 662,059.47 due to Football Partners Scotland.
    Is there any reason for having so many shares worth so little each? Why not 490,414 shares at 1.35 each? Does it make any difference? Islay.....?

  3. #3
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    Quote Originally Posted by Dodbroon View Post
    Is there any reason for having so many shares worth so little each? Why not 490,414 shares at 1.35 each? Does it make any difference? Islay.....?
    The shares used to be 50p each but with successive rights issues and reorganisations of shares they are now 1p shares which are sold at 1.35p each.
    The shares are basically worthless as Dundee Football Club Limited no longer owns Dens Park. They are unlikely to pay a dividend especially with the club losing money nearly every year.
    It would properly cost the club money to have a capitalisation to reduce the number of issued shares by increasing the price from 1p to 1. There is the added problem that there are a number of shareholders who currently hold less than 100 shares each.
    There are shareholders who own 2 shares which are worth 2.70p.
    What would happen to their shareholding if the price per share was increased from 1p to 1.
    Last edited by islaydarkblue; 07-05-2024 at 12:38 AM.

  4. #4
    Join Date
    Feb 2008
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    Quote Originally Posted by islaydarkblue View Post
    The shares used to be 50p each but with successive rights issues and reorganisations of shares they are now 1p shares which are sold at 1.35p each.
    The shares are basically worthless as Dundee Football Club Limited no longer owns Dens Park. They are unlikely to pay a dividend especially with the club losing money nearly every year.
    It would properly cost the club money to have a capitalisation to reduce the number of issued shares by increasing the price from 1p to 1. There is the added problem that there are a number of shareholders who currently hold less than 100 shares each.
    There are shareholders who own 2 shares which are worth 2.70p.
    What would happen to their shareholding if the price per share was increased from 1p to 1.
    I know for a fact that a few DABS bought one share each at some point previously so that it would cost DFC money to keep them updated with their shareholding (ie postage, envelope etc etc) sad b@stards...the lot o thum.

  5. #5
    Join Date
    Aug 2011
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    693
    Quote Originally Posted by davydook View Post
    I know for a fact that a few DABS bought one share each at some point previously so that it would cost DFC money to keep them updated with their shareholding (ie postage, envelope etc etc) sad b@stards...the lot o thum.
    what makes you think they just didnt want to invest in a financialy well run club?

  6. #6
    Join Date
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    Quote Originally Posted by ROMA84 View Post
    what makes you think they just didnt want to invest in a financialy well run club?
    To be fair Nelmsy dosent send out begging letters to our fans unlike the organ.

  7. #7
    Join Date
    Jul 2007
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    8,771
    Quote Originally Posted by ROMA84 View Post
    what makes you think they just didnt want to invest in a financialy well run club?
    We know how pathetic DABs can be so the idea of doing such a thing seems perfectly reasonable behaviour for most of you.

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