If the government bought those shares, it would be stock float taken off the market. But they're confiscating them.
And how would it benefit the normal shareholders if their vote stops counting, because the government has 50% voting power and ensures the company serves the government's agenda rather than what the market wants?
If the government bought those shares, it would be stock float taken off the market.
But they're confiscating them.
And how would it benefit the normal shareholders if their vote stops counting, because the government has 50% voting power and ensures the company serves the government's agenda rather than what the market wants?