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Keith you would still be outvoted and outnumbered if you were one of 300,000 people who purchased a bond at £10 to raise £3,000,000 - nothing to do with wealth at all. The point is that people do get a chance to own a slice in a way that is affordable to everyone should they wish to participate. To be able to invest £10 or £100,000, thats your choice and if it means that the Port is locally owned by people in the Dover area then that is great.
Jan - you are correct in that though in what shape or form that would take leaving locals as major bond holders would be part of the detail.
What would be great would be for enough finance to be raised locally without institutions having to become bondholders at all, with any balance of the funding coming as commercial lending. Bond holders could be individual local people, Port users/employees, port companies and maybe local authorities as well.
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