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Big Rangers Administration/Liquidation Thread - All chat here!


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http://www.bbc.co.uk/news/uk-scotland-19906644

The boasting about being debt free while pertaining to be the same club while walking away from that debt is disgusting but for those willing to fund Charlie's exit strategy good luck .

How many of the diddies said this would get done before all the other stuff came out all done and dusted before the BDO get their teeth into the administration process. So even if there is a call to separate real Rangers RIP and the made in Taiwain cheap imitation those who have invested will then have a vested interest in keeping the con alive.

Get your £500 at the ready , roll up to the new cluster f**k

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Duped by Minty. Duped by Whyte. Duped by Green.

Hmm. I swear I see a pattern emerging. Mind you, none of this has anything to do with stars on shirts or titles. No Siree... it's another naughty individual rogue.

Gie's ma' £10...

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Well the share issue is up until 5PM, is this CG final escape route to Monaco?

Ex-Rangers director Paul Murray claims Scottish football power shift

Former Rangers director Paul Murray has claimed that the Ibrox side competing in the Third Division has led to a power shift in Scottish football. huh.giflaugh.giflaugh.gif

Edited by Bairnforever1992
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Quote

IPOs explained

IPOs explained

Initial Public Offerings, or IPOs have hit the headlines recently with the Facebook IPO, but what is an IPO and what should investors consider when looking to invest?

What is an IPO?

Also referred to as a flotation or new issue, an IPO is the first offering of a company's shares on a stock market. Companies use IPOs typically to raise capital to expand or to reward founder investors. An IPO is not a loan to the company by investors so the company is not required to repay the capital raised via the stock market. The company is moving from a private company to a public company.

The IPO is underwritten by investment banks which, among other functions, will determine a market value for the company, and consequently a price investors will pay.

In recent times, IPOs have typically been offered exclusively to institutions and The Share Centre continues to lobby issuers to include private investors.

What should investors research before investing in an IPO?

Without doubt the starting point for researching an IPO is the company prospectus.

This is a document produced by the company at the start of the application process and contains the crucial information required to help investors make a fully informed investment decision. It is similar to a company's Report & Accounts and is signed off by its legal, tax and banking advisers.

In addition to reading the prospectus, investors should familiarise themselves with the sector the company will operate in, its competitors and broader economic factors. It is important to look at the track record of the executive team and research how the company intends to use the funds it raise through the IPO; will it open a series of production plants to bring an exciting new product to market or does the company plan to expand into new geographies?

It now comes down to whether the IPO is fairly priced and examining the stock market conditions when the IPO is announced. If the market looks weak and the IPO appears overpriced, it's probably worth staying out of the offering.

The greatest risk is that a company is overpriced at the IPO and falls sharply away after launching. However, there are many examples of successful IPOs where the initial investments have returned excellent profits.

As with any investment, the share price can increase and decrease on a variety of factors and you could lose some or all of your investment, so if there is any uncertainty you should hold off to see how the company performs once it has had time in the open market.

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That bit about being "debt free" is a bit distasteful, given the way they've reached the point of being debt free - but clearly it is a relevant point in terms of the new company's position.

However, if they do raise £20M, do we know what it's to be spent on? If Rangers are already not running at a loss, what's the purpose?

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At least some fans are waking up to Green

"@GersnetOnline: Green has said we're debt-free, have cut costs and we can't sign players for another year so where exactly is the raised money going?"

"@GersnetOnline: Going by Green's recent fan meetings, I'm still unclear why we need this £20million right now. Is it to be ring-fenced for future years?"

Although I do think its the minority that are questioning him

Thats been the view all along, if Green doesn't give the right amount of information and guarantees then old Charlie can whistle for the cash. The majority of views on Follow Follow seem to match what Gersnets saying.

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What is an IPO?

IPOs typically to raise capital to expand or to reward founder investors. :oOhhh

What should investors research before investing in an IPO?

Without doubt the starting point for researching an IPO is the company prospectus.

This is a document produced by the company at the start of the application process and contains the crucial information required to help investors make a fully informed investment decision. It is similar to a company's Report & Accounts and is signed off by its legal, tax and banking advisers. :o :o Oh heck are these neccessary ?

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WhatInvestments' take on the floatation ( extract)

"The club faces a long climb back to profitability, let alone the summit of Scottish and European football. In June this year, Rangers was forced into administration due to its unsustainable debt levels and had to be re-launched in the lowest tier of the domestic league.

Early in its new incarnation, Rangers was reported to be in financial jeopardy following low sales of season tickets. The Royal Bank of Scotland said at the time that it was ‘concerned at the current uncertainty about the club’s future and its backers’, and refused to work with it."

Ringing endorsement to investors right there.... :P

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http://forum.rangers...ic=240486&st=40

The rangers meedja take on share offer.

Most of the posts seem fairly sensible, tbh... although you have to worry a bit about people saying they're going to invest £500 or £2,000 or enquiring about RST investing £96,000, before they know the detail of the scheme. But there's fair scepticism/fact-awaiting.

A legitimate point is also made in one of the posts r.e. value: Green bought 'the club' with the assets for £5.5M... then a few months later the Mather chap bought a 10% stake for £1M - meaning the value had doubled. Do we have any info yet on how much of the club a sale of £20M-odd shares would represent, %-wise?

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So they float and raise some dosh - what happens when that runs out?

If the same scenario comes about (and presumably Duff and Duffer aren't allowed anywhere near proceedings) I hope that all who voted in some way to get them playing football, at Ibrox, in the 3rd division - have the sense to say they've had enough and they can GTF.

Otherwise it'll be like an endless Russian Doll set, with a newer, smaller Zombie Rangers each time.

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To be fair to Tedi, we've all seen what Green said at that meeting. No prospectuses were shown, just a glittering vision of future European and eventually world media dominance, to be financed by crisis loans and disability cheques. The berrz, predictably, lapped it up.

Apparently the new away top may be on hold, though. So the future may be bright, but not necessarily orange.wink.gif

You are pathetic.

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