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There were some specific complaints at boo regarding the bod for me
Only buying 66pc of plt
Directors constantly dumping stock
And a few other bits that i cant remember!
Realistically though you would be lucky to double your money in boo in the mext 5 years imo...
Here the potential is a lot more than double..... Excellent trading with a solid amount of funding could double or treble this price in a week
The board of directors has the power to call general meetings and the majority of general meetings will be called by the directors (S302 of the Companies Act 2006).
The members also have the ability to demand a general meeting. Section 303 of the Companies Act 2006 requires the directors to call a general meeting once the company has received requests from members representing 5% of the paid up share capital those entitled to vote at general meetings of the company.
Under S304, the directors must call a general meeting within 21 days of receiving such a valid request and provide for the general meeting to be held on a date not more than 28 days after the date of the notice of the meeting.
If the directors do not call a meeting as required to do so, under S304, the members who requested the meeting, or any of them representing more than one half of the total voting rights of all of them, may themselves call a general meeting.
The Companies Act 2006 also gives the court the ability to order a meeting and where a resigning auditor has given a statement of the circumstances connected with his resignation, that auditor is also entitled to call on the directors of the company to convene a general meeting for the purposes of receiving and considering an explanation of those circumstances.
It's got to be their last legs now surely?!
If results are anything less than 150pc growth they need to go
Chinner if biyani leaves these clowns running the shownit can only be to cripple the share price to allow him to buy the company
Congratulations Robert Pursell/Mary Turner and Waheed!!
Boohoo released stonking results today, over 500 million revenue for 6 months..... I cannot believe Robert pursell compared koovs to boohoo lol!!
Hh.... The CFO emailed various shareholder inc myself telling us that FLFL were legally locked into the deal....
Tony I see your point but please see putneylads response....
4039000 shares for me.
Oversubscribed they said lol!!
The 15p placing people need a 175pc rise just to break even now!!
Every long term holder in every single placing has been ripped off and lost out...
The shareholders are the emperor and koovs are the tailors!
The main reason that prompted me to sell here was when the cfo sold all his shares last june... I got out at about 210 and it then dropped into 160s i think and i never bothered buying back.... (traded it once or thrise though)
The big money has been made here by the early birds as is always the case...
As frustrating as koovs is i hope i am one of the early birds.... Only time will tell! (lets not forget boohoo had early teething problems hence the massive drop in the early days)
You know i am very pro boo though!
Good luck boys and girls!
Ok perfect
Same here awbob i have ran my own companies for 20 odd years...
Did you mean you have 1 million plus shares?
If we have a few big holders come out of the woodwork we have a good chance of forcing and egm
Maybe we can get the advfn nut cases on board lol
As a group of share holders we are entitled to call a meeting.... Its quite ironic that as a shareholder i am willing to take action but i get shot down by another shareholder lol!!
Together we have a voice
Awbob, thanks for your input.... Iv put it in the bin alongside your opinion that mrs May did a good job being PM.
Guys are any of you interested in getting together in a action group to force a general meeting to ask these clowns what the hell is going on with funding etc?
We need a total of 5 pc of the share capital to request the meeting
I have about 1 percent and if you include the members in our twitter chat we hold about 2pc total
CHINNER if you have more shares than me thats another 1pc so gets us to 3pc
Im sure we could get another 2 percent together
Chaps.... As useless as i believe the bod are i am also very confident that Biyani will not allow them to lose 10 million pound (16 million when funding completes) of flfl shareholders money..... End game here is a buy out imo.....
Flf cannot allow this to go to the wall as if it did Waheed will own the lot due to his loan note...
Also Biyani wouldn't want his daughter on the board of a failed company so as long as she stays on the bod it's good news
We are due a trading update soon so lets see if they have performed!! If they have performed brilliantly i will commend them!! (shareholder interaction is still pathetic though)
Wonder if they might slip a little sell in to drop the price for the close today
I wasn't a holder here.