It is but even if it’s true that’s still a country mile away from where they need to be. If all contributors contribute £10 per month, the minimum now allowed, the annual income would be £720k. A bit more probably since some will contribute more. So let’s say it’s £1m a year. That’s 4m shares worth at the current 25p a share. 4m shares is less than 1% of the total shares. So if the contributors stay at 6,000 and no new shares are issued and the price stays the same, it will take at least 20 years to get to the 25% needed to make sure the fans can block all special resolutions. I’m 75 and reckon I won’t see the day. Jeez even if it’s £2M a year, I still may not see it.
And if the price goes up from 25p a share lots of you won’t see it either.
No matter how well or badly C1872 is run, it’s actually f*rting against thunder. It has absolutely no chance as things stand of making any real difference. It’s only chance is not it’s shareholding, mathematically that won’t work, but building a relationship with the board as fans of the club. That ship seems to have sailed. So they can’t buy enough shares to make a difference and have alienated the board and many of the fans. So why have them? How can they help? What are they for? And why contribute through them? Do it yourself?