Posts: 165
Threads: 4
Joined: Feb 2012
Reputation:
3
Hi, I will like to find out if anyone here has harnessed any benefits from being a top 20 shareholder in a company you are deeply vested in? For e.g. being able to communicate with the management directly etcetra. Is this a given privilege?
Posts: 463
Threads: 7
Joined: Feb 2012
Reputation:
12
not to my experience. i been on top 20 shareholder on some co b4.
initially was expecting to be invited to their d n d. but nothing.
thereafter, gave up such silly hopes.
i think unless u become ssh ie own >5%, otherwise no diff.
Posts: 1,343
Threads: 49
Joined: Nov 2010
Reputation:
7
Even 5% also no diff, more reports to be done on buy or sell under by-law.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Posts: 463
Threads: 7
Joined: Feb 2012
Reputation:
12
cannot say. later you know who i am.
but even u know, pls keep it to urself.
thanks.
Posts: 2,808
Threads: 170
Joined: Sep 2010
Reputation:
1
noted. i am keeping my finger crossed also..whether my name will appear in this year AR for a co
Posts: 377
Threads: 0
Joined: Apr 2011
Reputation:
6
If you own more 5%, do u get to become one of the board of directors?
The thing about karma, It always comes around and bite you when you least expected.
Posts: 377
Threads: 0
Joined: Apr 2011
Reputation:
6
(24-04-2013, 07:42 PM)opmi Wrote: (24-04-2013, 07:36 PM)WolfT Wrote: If you own more 5%, do u get to become one of the board of directors?
when u have >5%, do you WANT to be a director??
you get paid director fee, why not?
The thing about karma, It always comes around and bite you when you least expected.