Pilgrims' Patter

The Forum => The B-Ark => Topic started by: gocompare on January 08, 2010, 09:53:58 PM

Title: Shareholders Meeting
Post by: gocompare on January 08, 2010, 09:53:58 PM
Has there been a BUFC shareholders meeting since Chestnuts arrived?
Title: Re: Shareholders Meeting
Post by: Ken Fox on January 08, 2010, 11:48:38 PM
Yes.
Title: Re: Shareholders Meeting
Post by: gocompare on January 09, 2010, 01:31:56 PM
I thought there must have been, thanks for reply.
Title: Re: Shareholders Meeting
Post by: Ken Fox on January 09, 2010, 02:45:03 PM
It was in April last year. I couldn't make it myself (being a major shareholder in the club  ;D) so I sent along Andy Butler as my proxy. I don't recall receiving any feedback though but I'm sure nothing dramatic was revealed.
Title: Re: Shareholders Meeting
Post by: howmanynames2pick on January 09, 2010, 05:01:12 PM
how do you buy shares?
Also what are they shares off?
Title: Re: Shareholders Meeting
Post by: qwerty on January 09, 2010, 05:09:33 PM
I think, you can buy the shares when somebody that owns them wants to sell them. They are shares in a private limited company (LTD) unlike shares you can buy in the FTSE for example that are in public limited company (PLC).

They are worthless as an investment, they only have a status value.

The share are Boston United Football Club LTD

Company No. 00303529


Please correct me if I'm wrong.
Title: Re: Shareholders Meeting
Post by: howmanynames2pick on January 09, 2010, 07:04:18 PM
surely there must be an "asset" somewhere?
Title: Re: Shareholders Meeting
Post by: qwerty on January 09, 2010, 07:15:01 PM
Quote from: howmanynames2pick on January 09, 2010, 07:04:18 PM
surely there must be an "asset" somewhere?

Contracted players.

Trade marks.

Goodwill, history, status.

League acceptance.

Another way to aquire shares is if the board, majority share holders agree to issue more shares, thus diluting the exsiting shares value. Like what happend when the trust purchased shares. I think.
Title: Re: Shareholders Meeting
Post by: Ed Kandi on January 09, 2010, 09:33:45 PM
Quote from: howmanynames2pick on January 09, 2010, 07:04:18 PM
surely there must be an "asset" somewhere?

The scrap value of the stands maybe  :-\