Reply To: It’s Wharton’s fault…

Iron Bru Forums Blast Furnace It’s Wharton’s fault… Reply To: It’s Wharton’s fault…

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apbeapb
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Registered On: December 24, 2013
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To apb. There are no shareholders meetings anymore. There are no votes, no anything they are called Fans Forums where no matter what is said from the floor they are ignored.

I believe Mr Swann did say he has 91.5% of the shares. As to volume of Mr Whartons shares they got watered down by the way Mr Swann introduced capital to fund whatever he deemed needed funding.

Errr……that’s not quite true. There was an EGM only a few months ago.

I’m fairly sure we’re singing from the same hymn sheet in respect of Swann and his abject lack of engagement so it’s by and large irrelevant – and because of his extensive majority shareholding and the fact it’s a private company he isn’t required to call AGM’s – and obviously during lock down there were none anyway.

However, in the years immediately after he took over (when he was actually engaged in the business) he did call AGM’s in the usual course of business and SW duly attended.