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  1. Buzzer

    Dick Knights shares

    Eh? I don't think you quite understand. Goldstone1976's point was about the risk of selling all the shares (which is DK's current position) at market value. You were the one who suggested DK selling just 262 and I wrote that the value per share remains the same, the right to buy remains the same...
  2. Buzzer

    Dick Knights shares

    Oh, me neither. I don't begrudge him at all. I was responding to your point that selling less to 262 will net him less than £1000. I don't think he thought it would be that low and I was giving a back of a fag packet estimate of what I thought he could have netted if you'd asked me before all this.
  3. Buzzer

    Dick Knights shares

    The value per share would remain the same and the mystery shareholder would still have first dibs and from the tone of DK's email would probably exercise the right to buy at 1p or the market rate.
  4. Buzzer

    Dick Knights shares

    Happy? Probably not but he and the other shareholders are certainly well aware of the 'market rate' hence the offer of 1p or an independent valuation from Mazars. The 'investment' really needs to be put into inverted commas anyway because in reality it's just a tax-efficient way of writing off a...
  5. Buzzer

    Dick Knights shares

    Agree with your first point. It was good copy but probably already to a captive audience. Second point - Did DK expect just 262 people to respond? I suspect not. If you had asked me before all this how many he would have sold, I reckon I'd have said maybe 1200 people asking for 25 shares each...
  6. Buzzer

    Dick Knights shares

    I'm almost certain that they will ignore the 262 offering £1. Firstly, it's not an offer it's a statement of interest and can only be made once all existing shareholders obtain a valuation and then forego their right to buy, at that stage the rate will have been determined. Secondly, 'market...
  7. Buzzer

    Dick Knights shares

    We're in danger of going off-topic here but I agree with you until your very last point. My reading of the situation was that TB would make good the shortfall (I think that's universally accepted) and was in for £30m. What was never envisaged was that TB would end up paying for all of it and...
  8. Buzzer

    Dick Knights shares

    I bet it's not that far off market rate which if the case is patently NOT insulting. Also, didn't DK do rather nicely out of his sale of shares to TB when TB took over at well above market rate? If those are true then DK and his most ardent fans on here can have nothing to complain about. And...
  9. Buzzer

    Dick Knights shares

    Nothing gets past you, eh Mustafa?
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