RE: HARL Shareholders Should Call an EGM10 Aug 2024 06:41
Just sent following email to GB News:
Hi,
I don't have a story for you, but am a private investor of a company named Harland and Wolff.
The company employs circa 1,500 people over a number of shipyards, the bulk in Belfast, where the Titanic was built.
The government recently refused to guarantee a £200 million loan to the company which likely resulted in the company this week losing a "lifeline" £120 million contract to rebuild the Falkland Islands Floating Dock.
The company's shares are suspended on the UK stock market because of late filing of year 2023 accounts.
Clive Palmer, an Australian billionaire who is obsessed with the original Titanic ship, has supposedly offered to loan the company £100 million, but the Bankers of Riverstone, and Rothschild, who have taken over the running of the company from deposed CEO, John Wood, have refused to negotiate with him. Please see Mr. Palmer's post on Twitter/X for details.
Stories have been run in the FT, Telegraph, etc over the last year. All with, what appears to be an anti-Harl slant. Basically, UK MSN doesn't seem interested in seeing a positive outcome for the company.
The company is in a right old mess.
I stand to lose a good few thousand pounds, but that is not the point. Something appears to be very wrong here and the government appears very happy to let HARL sink without trace.
Might this be something that one of your programmes could investigate/air/discuss?
Kind regards,