07-02-2015, 21:48
Coop, it's possibly going to do more harm than good if they do. The EGM could be cancelled if there's a fuss at the time about people wanting access and being denied, or if it goes ahead the results of the resolutions could be called into question and a re-vote mandated. And it won't be the Board that suffer for it, it'll be the company. And the whole merry-go-round will start again.
Larry, this is one of my concerns if King and Murray get on the Board. The 2 problems being raised are that it might result in regulatory problems for the company, and the SFA might not tolerate them being there. I see no reason why these aren't questions we could have the answers to immediately, but King has never been able to provide guarantees over this beyond a vague hand waving to say everything's fine. I don't know if that means he's genuinely received assurances that it won't be an issue or that he knows it might be but doesn't want to jeopardise his chances of getting rid of the existing Board.
Larry, this is one of my concerns if King and Murray get on the Board. The 2 problems being raised are that it might result in regulatory problems for the company, and the SFA might not tolerate them being there. I see no reason why these aren't questions we could have the answers to immediately, but King has never been able to provide guarantees over this beyond a vague hand waving to say everything's fine. I don't know if that means he's genuinely received assurances that it won't be an issue or that he knows it might be but doesn't want to jeopardise his chances of getting rid of the existing Board.