As far as the 48% that we repeatedly hear about, my understanding was that taking GLS, another former Director and SMiSA aside that the individual small shareholders are a remaining approximately 28% of the SMFC shareholding.
How will the CiC tackle engaging those shareholders to get them on board and indeed on the board and would it not be appropriate maybe for SMiSA to engage with them if any want to sell on etc rather than the CIC stretching itself further?
My other point would be engagement with fans after the Process completes. Can the CiC add members after the sale and how broad a number of individual members would be seen as a success? Can the numbers exceed say 5000?