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I have no idea how this type of thing works. Would this be new investment?
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Additionally shares are normally issued for 3 reasons: 1. For new investment 2. For liquidity (buying and selling on the stock market) however as Palace shares aren't traded on the stock exchange I would assume liquidity is not an issue. 3. Restructuring the shareholder base. It could just be an accountancy thing with no real meaning in the real world.
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Originally posted by Badger11
A restructuring seems the most likely and as someone (possibly Textor's group) has put more cash in it's likely that their shareholding will increase as a result. Oddly enough it is the subsidiary companies that have had the increases in capital and not Holdco (yet)
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It could have been a share spilt prior to a sale. i.e. There are 1million shares and they are split into 2 for 1. Then shares are sold to a 3rd party for investment. £96million is a lot of dosh!
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Originally posted by The groover
It could have been a share spilt prior to a sale. i.e. There are 1million shares and they are split into 2 for 1. Then shares are sold to a 3rd party for investment. £96million is a lot of dosh! £96 Million gets you two Harry Maguire's. Not much these days
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Originally posted by Petts Wood Eagle
£96 Million gets you two Harry Maguire's. Not much these days I could find better uses..........
A stairway to Heaven and a Highway to Hell give some indication of expected traffic numbers |
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Originally posted by Petts Wood Eagle
£96 Million gets you two Harry Maguire's. Not much these days Or a new stand!
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Originally posted by becky
I could find better uses.......... Typical. Not content from shopping at Pri-marni, NOW you want to shop in Peacocks as well. Pfft. Me me me
This operation, will make the 'Charge Of The Light Brigade' seem like a simple military exercise. |
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