Search results

  1. O

    SISU ready to sell?

    It was 😁
  2. O

    SISU ready to sell?

    Does he give any evidence to show he is right?
  3. O

    O'Hare bids

    Except only one real offer that came from a club that could not pay for him?
  4. O

    SISU ready to sell?

    There is no leak!
  5. O

    SISU ready to sell?

    Go for the last one G !
  6. O

    SISU ready to sell?

    Totally 🤣 For once I agree with you WASPs disruptor PR
  7. O

    Wasps downward spiral...

    Bond holders have set up a Facebook page https://uk.advfn.com/stock-market/london/wasps-22-WAS1/share-chat
  8. O

    O'Hare bids

    Should leave it as a classic case of a wind up
  9. O

    O'Hare bids

    Will increase when we get Birminghams surplus
  10. O

    O'Hare bids

    Authority on what? WASPS bonds?
  11. O

    Wasps downward spiral...

    But you need to get at least 75% approval Might flush out the large investors tho ? 🤔 That sounds like the Trustees thinking They need a Receiver to really manage the debt and asset
  12. O

    Wasps downward spiral...

    I would need to reread the prospectus but I don't think the bondholders as a class have a way to directly do what you suggest. There is convoluted route to follow.
  13. O

    O'Hare bids

    Indeed and their owners would have made it known how much they could keep.
  14. O

    O'Hare bids

  15. O

    Wasps downward spiral...

    It wouldn't- if it goes cheaply there would be a queue of bidders
  16. O

    Wasps downward spiral...

    Does not alter the debt if bonds sold for1p still £35m owed There is misconception that the default automatically puts the stadium in bondholders hands
  17. O

    Wasps downward spiral...

    If they get £13m unencumbrred it puts the extra amount needed to pay bondholders in reach
  18. O

    Wasps downward spiral...

    25% needed to get a resolution raised 75% to get a resolution passed
  19. O

    Wasps downward spiral...

    Have you sent the latest notice to your MP?
Top