Re: The MAXCO cash injection.

Rab C Nesbitt

Tarquin

I find it hard to believe a bloke worth in excess of 50 million quid self made is stupid. I'm not saying his group would not have been a disaster, and that they did not conduct themselves pretty amateurishly, but the bloke ain't "stupid".

It certainly looks like he is tbf. And that’s been the case pretty much all the way through the debacle

Having gone through the process ( albeit nowhere near as complex as I suspect this one was) you are led by many people. You probably have corporate finance advisors, corporate solicitors, corporate tax advisors all on a cut of it going through. A lot of the time i found the phrase ‘it’s your call’ being uttered by all of these entities after outlining the pros and cons of heading in any direction…. If not dispassionate I can see it could be easy how your heart rules your head and not take a conservative path…….. I know it’s sounds like I’m defending him….. I’m not…… it appears he’s clearly made a bad call….. it shows poor judgment would probably have carried on going forward….. just trying to show how potentially these things can spiral