PHI Group Inc (PHIL): If Henry controls 51% of the stock, it...

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Re: Hydra_Crab post# 82931

Thursday, 08/26/2021 6:14:54 PM

Thursday, August 26, 2021 6:14:54 PM

If Henry controls 51% of the stock, it will serve to prevent a “hostile takeover” which is good for the shareholders if the stock has value and expected to be very profitable. Shareholders would accrue a short term share price increase on the sale of their shares but lose their investment value over the long term.

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