I'm not an expert, only know what my account has told me when I've bugged him about it!Im sure Dave knows more. I think people sell due due to confidence and if they don't think they will make anything back. As I assume was goes pop or default on the bond they don't get anything.
37 quid isn't it? Not pence.Yer, so someone has traded 10k of bonds at 37p this morning. Assuming they bought them at issue, then they've just lost £6300.
It doesn't really matter, it's 37% so £37 on £100 investment or 37p on £1 investment.37 quid isn't it? Not pence.
Or have I been getting it wrong all along?
Yeah, fair enough. I just understood the bond unit price to be £100 at release, that's all.It doesn't really matter, it's 37% so £37 on £100 investment or 37p on £1 investment.
37 quid isn't it? Not pence.
Or have I been getting it wrong all along?
Im sure Dave knows more. I think people sell due due to confidence and if they don't think they will make anything back. As I assume was goes pop or default on the bond they don't get anything.
So if the 35m is secured against the stadium and they have to sell the stadium to repay bonds, if they sell for 35m all bondholders get their capital back.
If people are selling at (around) 37%, that would suggest the bonholders don't think the stadium could be sold for 13m (37% of the 35m) in 2 years time, but isn't it in the books as valued at around 51m?
All very strange, seems like a bargain to buy at this price.
Curious that there's been a fair bit of trading (and taking losses) ahead of a rumoured CCFC announcement tomorrow...Trades @ 34.85 today
Curious that there's been a fair bit of trading (and taking losses) ahead of a rumoured CCFC announcement tomorrow...
Have you got a linkInteresting response from Statford Council's Active Communities Team. Seems they're not happy with Wasps community involvement statement. They query the loss of facilities and what will be replacing them and if existing users have been consulted with regard to suitable provision being made for them to continue.
Also calls out some of the 'facts' in Wasps statement about alternative facilities in the area saying a lot of it is incorrect.
Its on the Henley Alliance group page on FB. Just had a look. Couldn't link it.Have you got a link
Yep when straight for the throat from the getgo around the stadium which put backs up. Our owners obviously didn’t help prior to this but a partnership approach to the stadium could have been lucrative for both clubs at the time. Their bid to be the top rugby team in the country failed miserably now seeing our club rise and their bargaining power drop.I think wasps must be kicking themselves for trying to be the big dog when they came in. If they worked I partnership with the club they could have garnered more support but they wanted to assert themselves as the main show and lost any hope of good Will from city fans.
Not sure if this will work off my phone.Have you got a link
Its on the Henley Alliance group page on FB. Just had a look. Couldn't link it.
......also, the local Councillor who should be supporting his local constituents, has, on freedom of information sourced e.mails been actively seen to be supporting the application. Russ and the group aren't impressed!!
Worth a look.....
I can't see it, what they getting?It appears quite a lot of Councillors have a lot of self interest when dealing with rugby clubs doesn't it !
I can't see it, what they getting?
Sport England have put in an objection to the training ground planning application. Its pretty scathing.
Says a statement from Wasps isn't a community agreement and they require an actual agreement to be in place, basically they won't let Wasps give some waffle now and not follow through on anything if they get the go ahead.
Not happy that the current facilities are being removed and not replaced. Say you can't just give a list of other facilities, they need proof they have capacity and the users of the Henly site would be able to access them.
They seem to have spoken to clubs Wasps claim have relocated from Henly and been told no they haven't so have called Wasps out on that.
Wasps have claimed there will be a new pitch available for use which according to Sport England does't actually appear on the plans.
Obviously I'm not a planning officer but looking at what Sport England have submitted I struggle to see how this gets approved.
I just don’t know how the bastards can sleep at night....Sport England have put in an objection to the training ground planning application. Its pretty scathing.
Says a statement from Wasps isn't a community agreement and they require an actual agreement to be in place, basically they won't let Wasps give some waffle now and not follow through on anything if they get the go ahead.
Not happy that the current facilities are being removed and not replaced. Say you can't just give a list of other facilities, they need proof they have capacity and the users of the Henly site would be able to access them.
They seem to have spoken to clubs Wasps claim have relocated from Henly and been told no they haven't so have called Wasps out on that.
Wasps have claimed there will be a new pitch available for use which according to Sport England does't actually appear on the plans.
Obviously I'm not a planning officer but looking at what Sport England have submitted I struggle to see how this gets approved.
Wasps lying?..... surely not!I just don’t know how the bastards can sleep at night....
Wasps lying?..... surely not!
So wasps announced they were in breach of the covenants on the bonds a few weeks back.......is there a time limit on when that has to be resolved or a date where bond holders can call in the security on the bonds by?
Surely that would be more realistic way of bond holders seeing a return at the moment?
Little chance, sadly, the Bond holders wo nt agree to the Franchise delaying payment again . The crux will be in 2022 . Strange that no action has been taken re the Franchises falsification of their accounts though.
Little chance, sadly, the Bond holders wo nt agree to the Franchise delaying payment again . The crux will be in 2022 . Strange that no action has been taken re the Franchises falsification of their accounts though.
Can you post them up?
Thats the document from the group. Looks like some one from Wasps emailing the Councillor saying he will show his support.
Looks like the earlier conversations are missing mids you
It won't be on that website until there is an outcomeDoes anyone know the case number for eu state aid case can’t find one on eu website - don’t know if they only publish them once final, but want to chase them up and they want a reference.
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