Honestly mate, are you not allowed discussion back to them to chat the answer through when they give you these types of answers? It can't just be constant nodding meet to all what they say..?
When they say "but none has submitted a bid so far."
Surely oh surely one of the co op board asked after SOOOOOOO LONG NOW, why is this and led back with...
a) Is it the entry price to clear imcumbents loans via the equity swap that has stalled that?
b) Is that due to a party wanting overall control and key incumbents wish to remain until loans are repaid?
c) Is it because they want to install a whole new management team A 2 Z so to speak?
Get the reasons rather than getting nothing but the same crap for the past 6 years..
The Club said the Co-op - as a shareholder, will be involved when negotiations are at an advanced stage.
Please tell me you made a strong argument against any delay on this. This is the one measuring stick you guys have that has nothing to do with NDA's etc. The strength such a move could have in galvanising belief that things are actually going forward far outweighs the need to wait until any so called advance stage... deary me
There's tonnes more but what is the point really. If our Co Op are satisfied who am I to defer that they shouldn't be...just very very sad all round
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