RE: Big buyer ?13 May 2020 10:34
I thought In Britain, if a person owns 30 per cent or more of shares in a company, in most circumstances they must make a cash offer to all other shareholders at the highest price paid in the 12 months.
It is still up to the shareholders as a whole if they choose to sell or not. The only way in which someone is forced to sell shares is if the company is bought out, a share holder agreement is in place, or the person owes money and the shares are sold as an asset.
Could be wrong though but we are debating for the sake of debating as no one is trying to buy the company or acquire 30% to my knowledge