Pages: 1 ... 9 10 11 [12]   Go Down
Print
Author Topic: Itís now or never  (Read 12389 times)
RobertT

Offline Offline

Posts: 8958




Ignore
« 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.
Logged
JBZ
Not as likeable as Reg was, a fencesitting WUM

Offline Offline

Posts: 2589


Allegedly, not a Swindon Town supporter




Ignore
« 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.
Logged

Keep your secrets in the dark
Nothing matters anymore
Body's breaking, drive me crazy
This is not your place
No, this is not your playground it's my heart
We were stupid, we got caught
Nothing matters anymore
So what? Here we are Juggernaut
RedRag

Online Online

Posts: 2665





Ignore
« 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/
Logged
Pages: 1 ... 9 10 11 [12]   Go Up
Print
Jump to: