King Billy's Chosen Cat
Well-Known Member
If the Club 1872 shareholding has been diluted that much, surely that means there are 2 choices: (1) invest more or (2) give up (?).Yes, the 25% holding is an important milestone in allowing fans - as a group - a say in what happens to the company in a way we didn't have in 2012. It isn't a complete protection, but it makes a huge difference.
However, with the direction of travel for C1872 under it's current board; absolutely zero chance of ever getting there. In June 2017, shortly after the first of the incumbents was elected, it held just under 11% of the shares in RIFC. Today, it's a fraction over 5%.
I am in favour of "no surrender" and making it work.