http://thelonegunmanblog.blogspot.com/2011/07/general-meeting-called.html From a blog. Well worth a read.
How long is it Rhondda, only theres only so many hours in the day and this guy makes it look like salad wrote in a hurry.
All looks very positive, particularly with the Malaysians converting £5m of their loans into shares. That certainly shows they are in for the long term. The only other thing I would like to know is what proportion of their investment in the club is the £5m, i.e. how much will still remain as a loan? No mention of Sam/Lamgstone though.
It all makes interesting reading. The 49% is key. If they increase their holding above 50%, don't they then have to make an offer to buy the club outright? As is said, shows the nature of their intent. Slight understatement around the fact that 'only the Langstone debt remains unresolved'. I wonder where their forensic accountants are up to?
