Have no doubt that you are correct, but suspect that such an aspiration would be more easily achieved by dealing with a single entity with a significant amount of shares i.e. the Trust who may be tempted to 'sell' an amount of shares if the price is deemed right. Of course this is pure academic speculation.Chris Davis wrote: November 3rd, 2023, 1:54 pmFirstly, the 'further consideration' is always only going to be an aspiration. The 'privates' would have to be convinced to do so. Secondly, don't forget that if 'privates' transfer their shares to the Trust , HJ or a sleeping parther, would not have automatic acces to those shares. The Directors would have to agree to sell them to whoever. It does not necessarily mean that they would do so or the Trust would allow them to do so..OLDCROMWELLIAN wrote: November 3rd, 2023, 1:25 pmCertainly wouldn't discount that possibility.excessbee wrote: November 3rd, 2023, 12:42 pmYou are correct, this is In HJ's statement.Bangitintrnet wrote: November 2nd, 2023, 12:47 pm...., can't put my hand on HJ's governance model, but I am pretty sure it was also mentioned in aspirational terms in that.excessbee wrote: November 1st, 2023, 6:14 pm I don't recall HJ advocating individual shareholders gifting their AFC shares to the trust. It was mentioned at one of the meetings by Colin Everett. Of course the many people holding one or two shares may only amount to a few percentage points, possibly fewer than those who are no longer with us. There are maybe a dozen or so owning the bulk of the 21%. I don't see them being gifted to the Trust under its current management or constitution but maybe a future regime might make overtures to individuals when the purpose of the Trust is redefined.
........If it remains a part of the governance model, I would suggest that the trust need to make it easier to re-register under a new name, and indeed transfer a portion in order to increase their overall holding.
Further consideration to be given to bringing is as many of the shares owned by individual supporters/sponsors into the ownership of the Trust..,....
Seems a bit of an odd statement as he will have a controlling percentage of the shares. Maybe he has a sleeping partner who might put in money for ownership of the remaining trust shares and the more that are in one place the easier the transaction would be.