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Can anyone confirm if James Goozee is part of the CAG and is he signing up with Mr Cotter?
As a group, we’re not going to comment on individual members, or who is supporting the class action. That’s their business, just yours is yours.
To be fair, he is the largest or one of the largest shareholders so imo it would go a long way to encourage others to get onboard.
Wwal, that may well be your opinion, but we’ll still respect people’s privacy. Thanks.
For a 550 fee he would be stupid not to join. So I am guessing yes
I could not get on zoom call I’m around 25-30000 down so is the what it will cost me £550
You have a final chance to join this evening at 17:30...
FWIW. A lot of the HNW peeps are members of the core CAG team, so I would NOT be surprised if most, if not all of them, will be participating in the group action.
BUT what irks me slightly is those who have invested £25k pay the same as those who have invested £250k, and some of these HNW have invested a lot higher amounts yet pay the same £550....
CAG & Michael Cotter invite you to a scheduled Zoom meeting.
Topic: COPL - Zoom 3
Time: May 2, 2024 05:30 PM London
Join Zoom Meeting
https://us02web.zoom.us/j/81348209188?pwd=Yi9zMUgxcGkzZTVsWkhjMjRmc2Nsdz09
Meeting ID: 813 4820 9188
Passcode: 867475
Mr Cotter said he would circulate a costs table and assured it would be staggered. I still think my 1% of total investment suggestion was a fair way of raising a battle fund but wdik! The more that join, the less it will cost individuals, that’s why I believe if would be very encouraging to shareholders if our largest shareholders confirmed their participation.
All the HNW individuals with large shareholdings that I know have signed up.
Wwal, no process is going to please everyone, so either the general concept of the action is for you, or it isn’t. Simples.
As for individuals, HNW or not, we don’t know whether they have personal or business reasons why they’d want participation kept private. Their business, not ours. Just as it’s your business, not ours. We are not short of potential participants, we don’t need to go on a huge recruitment drive.
I would assume the CAG have already paid out £20-30k in legal fees to get shareholders to this point.....I know they were working with UK and Canadian lawyers to try stop this mess.
Can I ask what you have done to date? I expect just moan on here or other forms of social media?
Pipe down you plant pot, it was a simple question raised.
BullBears, you are somewhat inquisitive for a plant pot and sadly familiar. Are you?
Won’t let me in again
Make sure you are using the correct meeting id 813 4820 9188 and code 867475
Can someone nudge them to let me in the meeting.... Waiting since 5 mins.... Says host has joined... We've let them know you're here
I just think it disingenuous to say these so called HNW and CAG members should be paying more. These so called people started the process, have already paid towards legal fees and are continuing to pay towards legal fees.
If this group or people did not decide to fight for ALL shareholders then you would all be sat here shouting empty threats. You have an opportunity to put in a minimal amount of money and potentially see some returns.
These type of groups are few are far between, be grateful to the opportunity others have provided for you.
BullorBears, hear hear.
I for one think the CAG and all involved have done a remarkable job, unbelievable amount of work, all voluntary to support ALL shareholders. Perhaps those that think to shout about any unfairness involved in the banding, or way that this case will be financed would be happier if the CAG placed an invoice for the collective hundreds, if not thousands of hours of combined work already put into this process, without thought of any remuneration other than to seek justice and compensation for all.
To be honest, I'm sure that RBM et al would not say it, but I will, it appalls me that anyone could think to complain about the finances involved here when so many have conducted so much work on your behalf and without them, your current chance of a return is zero!
I believe they ( all the lying individuals and their affiliates ) will want to settle, as not doing so would surely see them officially guilty and will open the flood gates to others who seek retribution with our case to refer to as reference. But then wtfdik - I aint no lawer guv !! - Good luck all - I've thrown the kitchen sink at this, so another rubber washer wont make any difference ! - I'm In !!
Maybe some people are struggling too pay the £500 like myself I was all in here and after loosing so much but I know it’s the only chance of getting my money back so will have to find it
Let me add my sentiments - I am in full agreement with Stas and BullorBears without CAG I/we would have nothing. The hours they have put in on my/our behalf is incredible. Those who might moan about any payments need to think where would we be without them? I want revenge on these bar stewards.
We have a chance so let's work together and support those working on OUR behalf.
BullorBears well said. Completely agree.
Stas, and Bullorbears
Nobody (least of all me) is complaining about paying a fee. Nor is anybody suggesting CAG member should pay more than others. They have done a great job compiling evidence and bringing it to this stage!!!
I have been strongly promoting uptake on here and other forums (TG), and fully support this action, and for what it is worth will be signing up and paying my fee.
It is the banding that irks me slightly.
The lower band fees roughly equate to about 1% of your investment, but after £35k this reduces.
So for instance, somebody who has invested £300,000 has a fee of 0.18%
For peeps who have invested say £2,000,000 then their fee percentage is 0.03%
This is the point that myself and Wwal have highlighted.
It appears that those with higher investment pots pay less.
Is that fair and reasonable?