Simba said:i've already tried several times on this forum to make people sign up for shareholders united... they're not interested though.
Can almost guarantee that the same guys here who ignored the pleas to join SU will be whinging & moaning when Glazer takes over.
My replyThis gives united fans enough time to gain 25% of the shares, thus preventing any full blown take over of the PLC. If you're a fan reading this and you haven't yet bought any shares, then go to the website in my sig... you can sign up with as little as £10 and it will help make a difference.
25% is the target, and we're already nearing 20%.
Somebody is being economical with the truth.
As at July 2004 there were 39,119 share holders in MU but 31,734 of them held less than 1000 shares. Even if SU got all these people to join they still would only have 2.92% of the shares issued.
If thats the case where does the other, taking a round figure of 20% from your estimate, 17.08% come from?
To control 1% of the club you need about 2,633,285.36 shares, to get 20% that would mean SU would need to be in possesion of an estimated 52 million shares.
Clearly they aren't in possesion of that many so how do you tally the magical 20% and leave yourself with a target of a further 5%?
Is it fair to assume that Shareholders United are staking an imaginary claim over shares held by people not belonging to SU when the possibility is that these people (the 17.08%) could be persuaded to sell to Glazer or at the very least have not decided which side of the pro/anti glazer fence they sit?