Quote:
Originally Posted by VALAIRIAN
I think it means that at the moment there is £100K worth of shares, this being recommended at a Shareholders meeting, means that the Directors can issue more shares, to the value of £200K. This will give the chance to anyone who wants to, to have a little - or whatever! - bit of Stanley!!
If I am wrong, somebody please put me right!!!   |
If there is currently 100k worth of shares and 51% of those shares are owned by one person, does it not mean that somebody can buy the other 100k worth and become the major shareholder ?