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Risking of being seen as lazy (this is probably written somewhere). I wonder what the voting power is for 1% of the Series A share vs 1% of the ordinary share?
I guess as long as the dictator does excactly what you want ;)
If this is the case it brings some clarity to the situation. The case that it would be able to have a more standardized (western) set up having the shareholder able to vote democratically is then gone until something happens to the old man.
My view is that doing the best for shareholders would only be possible if shareholder were to govern. However if Solomons interest coincide with the shareholder there is no issue really. Since he holds 1.2 M Shares of course he would care about the share price. Then there is just the issue of him not understanding all the mechanisms that is share price.
So if he cannot sell them does that mean that nobody else can own them? If I understand it correctly these voting rights do not entitle dividend or ownership, thus not shares, right?
If above questions not answered with yes, what is the difference between share and his voting power?
And if above is the case what happens if he dies will the voting right just disappear?
I know I sound like an assassin and that I want something bad happened to Solomon. This is however not the case. I just want to know worst case scenarios ;)
Hello all, I have been following the forum for a while without being active. This will be my first post.
One question that I find interesting regards the golden share power our CEO has. Is there a plan of what would happen if something happens to him i.e emergency plan, made by the company or Solomon himself?
Further anone know if he has any intentions to sell his golden shares to the market? And what would happen if he did?