20 Jan 2015 09:30:31
So Sandy Easedale increases his shares and voting powers to 26%, evidence that this board and Ashley are not going anywhere. I'm beginning to fear the worst for our club, I feel the EGM will not be granted or if it does go ahead the current board and Ashley will still have majority of votes keeping them at the club. Kenny McDowall also resigning, say what you like about his managerial skills he is a Rangers man with the club at heart.

WHAT NEXT?????

1.) 20 Jan 2015
20 Jan 2015 09:41:58
King has allegedly called them" dead men walking"it looks like its going to be won or lost by a baw hair.

2.) 20 Jan 2015
What I don't understand is who would sell their shares for a Penny each to Ronnie and Reggie sleazdale when they could have got way much more on the open market and more to the point WHY.

looks like some of the faceless regime backers are beginning to panic.

i think if King gets his way we should brace ourselves for some real shocks when he gets to look under the hood of Rangers

3.) 20 Jan 2015
20 Jan 2015 09:59:12
hi toon fan here I just hope for rangers sake ashley don't get his own way .the blokes a fat cockney *****

4.) 20 Jan 2015
Lochaber - Easdale did not buy 1m shares @ 1p each!!

He bought 1m 1p ordinary shares, there is a huge difference

JG

5.) 20 Jan 2015
20 Jan 2015 10:38:52
I hope King Park etc try and snap up another 5 percent between them.I don't trust most of these institutional investors.I think they might be afraid to vote against Ashley when it comes to it for fear of retribution from him.I read he has been known to bury people who go up against him in these circumstances.

6.) 20 Jan 2015
OP?

King stated yesterday that he has done his homework regarding shareholders voting and is of the opinion that he would win the vote. I think that is why 'The Bored' is trying to get DK's request vetoed by Stock Exchange under unfit to govern rules. However DK has countered by stating that he has the information to persuade the Stock Exchange; SPF and The SFA on previous ongoings at Rangers.

7.) 20 Jan 2015
Go I don't think it matters what the easdales or fat mike does, mr king has over 52p/c that leaves 48p/c. Of the 48p/c there are 18p/c sitting dormant at ibrox for next share holding, so from what I see the board and Ashley combined have max 30p/c, they can't buy more than they have, maybe they can buy peoples shares, but if mr king has 52p/c it's game shot and match to mr king and the three bears, now let's see under the bun net, and get a look at that retail contract.

8.) 20 Jan 2015
20 Jan 2015 11:57:30
JG:This is your dept mate,do you know if 100 per cent of the shares are in circulation?If not, do you know the percentage unaccounted for?Cheers.

9.) 20 Jan 2015
FFS, has he got an undertakers business as well? The guy has his fingers in every pie going.

10.) 20 Jan 2015
20 Jan 2015 13:05:44
Just read on tv that easedale bought these shares from a company that he holds proxy for so it does not increase his overall vote.
r. f

11.) 20 Jan 2015
It is going to be interesting to see just who is prepared to put up the big money for share trading over the next 39 days till the EGM.
King and Bears have an advantage over ashley he cannot directly buy any more shares they can!
Surely the wise thing to do at the most important stage in our history (this vote is the end game) would be to offer whatever any of the institutional investors want, they are in it for money only. River and Mercantile announced yesterday they were not happy with current running of things leading to vast undervaluing of Rangers FC so buy them out at 50p a share if that is what t take.
King has already dealt with both River & Mercantile plus Artemis.
These 2 institutional investors still hold 5. 77 (R&M) and 5. 26 (Artemis).
King having already dealt with both in an amicable and shrewd business move, should I think pull out the stops to offer them whatever it takes to sell this 11. 03% share holding it GUARANTEES him 45% of all shares teamed with the 3 Bears meaning only 6% needed which taking into account Rangers minded 'people' own well over 10% GUARANTEES them a victory in the EGM.
My personal feeling is that Dave King bought EXACTLY the amount of shares he has calculated that he needed with the current voting indications (please mind that the people voting on the King/3 Bears side are very clear votes due to hatred of current board) it is the only thing that makes sense as to why he bought that percentage from R&M and Artemis.
Regardless I think that this vote is so massive to save our club from a future or leasing Ibrox from Ashley which is his long term plan, that I think King should remove any doubts by buying the remaining shares from these two investors, they would sell for 50p a share and Rangers would be a King and Bears led boardroom!
Remember this the Blue Knights pissed about with their offer which allowed Green in the door please do not make the same mistake to save a few pounds Mr King

RTID BOARD OUT ASHLEY TOTAL BOYCOTT

i am george

12.) 20 Jan 2015
Gkk
what I do know is

There are 81. 4M shares issued in RIFC
There are 17. 5% not in public hands
The total votes counted (for, against and not used) for each resolution at the recent AGM was 63.8m or 79% of the total 81. 4M
The combined total for the main shareholders who have declared over 3% is 77. 51%
Based on the total votes of the AGM then the votes of 40% of all shareholders should carry a resolution at an EGM
King has 14. 57%
Three bears have 19. 49%
Easdale has proxy for 26%
Ashley has 8. 92%

What I don’t know is

Where are the 17. 5% not in public hands and can they be used at an EGM
Where are the other 3. 5% of shares (79% AGM votes plus 17. 5% not in public hands is only 96. 5%)
Will 3 bears vote with King at the EGM
Will the required 5% of other shareholders vote with King and the 3 bears at the EGM

Hope that helps some M8
JG

13.) 20 Jan 2015
20 Jan 2015 17:01:12
JG :Cheers mate,clears a bit up for me.
@9 Just noticed that pal,superb.

14.) 20 Jan 2015
Gkk looking at it again, the 3. 5% was probably shares that were being held by brokers at the time of the AGM and could be bought up since then, Magath for example just bought 1% and think rst and first bought some more shares lately

If we consider that, then I reckon 41. 75% of all shareholders votes will swing the EGM

JG

15.) 20 Jan 2015
I am George, I think mr king bought some shares from r, m and arm, because both these shareholder would be thinking that once mr king gets control the share price will eventually rise, so both sh mentioned will still see a pay of when and if they eventually sell.

16.) 21 Jan 2015
Gkk I don't imagine it will be close, ime predicting more of a land slide, and the board know it, maybe the reason for sleds dale buying more shares today was so as he will get a bigger pay day when he sells up, I also know that with 26p/c he could block a lot of votes in future that's why we should boycott his taxi and bus service, the only way to get them out is to boycott there places, that includes sports direct, we should call it sports undirected lol.

17.) 21 Jan 2015
Other george

Yes amigo you are correct I think that explains why the percentages were so exact they have agree a seal in 'principle' so King knows what his total support is to win EGM and saving him using valuable investment in Rangers money and as you say increasing the share value for R&M and Artemis.

My figures on logical support we have a minimum of 55% and the fact Scott Murdoch and King are SO confident tells me that is the case. Why else would the board be trying everything they can to block the EGM.

BOARD OUT ASHLEY TOTAL BOYCOTT

i am george