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Author Topic: Itís now or never  (Read 11390 times)
RobertT

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« Reply #165 on: Tuesday, March 16, 2021, 18:03:56 »

But STFC is a privately owned company - not a public one. We can only see what accounts Power decides to publish, but Clem is a partner, albeit a minority one, and surely should be granted full access to see the financial position his investment is in.

If not, what has his £1.1m investment actually bought him.

Next to nothing.

No dividends are being paid.

No profits are made to distribute,

He is not on the Board so doesn't receive any salary.

Power could, under normal circumstances, just sell up the remaining 85% and give control to someone else.

Basically 15% buys you very little actual control of anything.
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JBZ
Not as likeable as Reg was, a fencesitting WUM

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« Reply #166 on: Tuesday, March 16, 2021, 18:05:26 »

There is a lot of free info on the net explaining the position of a minority shareholder.
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Higher
It's what I expect from my life
It's like a wire
That holds me back down to the ground
Oh, I hear you say
That is the way of the world
No, hear what I say
I wanna do so much in my way
RedRag

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« Reply #167 on: Tuesday, March 16, 2021, 18:41:14 »

There is a lot of free info on the net explaining the position of a minority shareholder.
This summary by City lawyers Fox Williams is as succinct as any.

https://www.foxwilliams.com/2014/06/24/minority-shareholder-rights/
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