So the club need to issue a new shareholding to allow the Iron Trust and any other individuals or interested parties to purchase shares.
It would also allow the directors to purchase more to retain the 80% that negates the need to consult outside the four of them. This would also raise further investment in the club.
SST in one post does worry me, by inferring that MH will sell selectively to some individuals but not others.
Also if £100k of shares was not a viable option to set aside for ordinary supporters or the Iron Trust to purchase what amount would be viable 10k, 25k, 50k or 75k.
As I recall the Trust did advertise for the seller that shares were available, because the seller could not do so and one Trust member on the strength of that bought 20k worth!
