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Speaking generally, say company X is owned 40% by shareholder...

  1. capitalcity
    553 Posts.
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    22/08/19
    11:36
    Post #: 40094001

    Speaking generally, say company X is owned 40% by shareholder A, 31% by shareholder B, 20% by shareholder C and 9 % by the rest.

    Then Shareholder A is for whatever reason, perhaps quite validly precluded from voting at a meeting.

    Shareholder B who owned 30%, suddenly has 51% of the voting shares.

    Precluding shareholder A might be totally valid but if it automatically gives B control, there has to be something wrong with that.


    HAV Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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