There are regular posts calling for a boycott and misleading statements made about the Coopís position, so I donít see why I should refrain from correcting these comments? Weíve tried to fill in any gaps from the minutes - it is public knowledge that there are 3 very credible parties interested. Iím sure one or more parties are fully capable of regaining our FL status and more. As ever, actions will speak louder than words.
If there is to be a protest, I really think the strategy, focus and timing needs to be correct.
We need to work on facts and evidence, not emotion. The key factors for me are:
- Are any shareholders blocking a credible bid? Is anyone acting in their own vested self interest?
- Is the shareholder debt a barrier to entry? I certainly donít think £900k of debt on the balance sheet is helpful, but is it stopping investment?
- Are there any other barriers to entry that are blocking a credible bid?
I donít have any evidence that is the case.
Evidence is required and Iím sure if it exists any protest would gain mass support.
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