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Old 17-01-2010, 10:31   #13
lancsdave
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Re: Today's meeting of Shareholders

Quote:
Originally Posted by VALAIRIAN View Post
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 ?
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