InvestorsHub Logo
Followers 617
Posts 94561
Boards Moderated 12
Alias Born 11/01/2006

Re: janum post# 33369

Thursday, 06/20/2019 10:19:09 PM

Thursday, June 20, 2019 10:19:09 PM

Post# of 38069
That's one possibility. Interesting part in bold.

Par value. A company can change the par value of its shares or adjust the amount in the share premium reserve, but it is not able to do so as and when the directors and shareholders wish. These changes require permission from a court and are usually associated with large returns of capital, share splits or consolidations

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!