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Indeed. I wasn't suggesting that the long-term small shareholders can sell their shares at a market value; I was suggesting that TB might make a generous gesture and repay their earlier generosity, by buying them out at a premium price.

Not quite so. But it was a much better deal for the Club to accept the offer that TB made.

Indeed. And some of those shareholders stumped up cash to invest in the Club when we were in dire straits. Since the Club isn't paying dividends to shareholders, I think it would be a generous gesture if TB bought out their shares and returned some cash to the folk who helped the Club out when...