10:01 Nov 18, 2010 |
English language (monolingual) [PRO] Bus/Financial - Law: Contract(s) / Shares | |||||||
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| Selected response from: Sandra & Kenneth Grossman Israel Local time: 12:52 | ||||||
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at a price minimum equal to the invested capital, in an amount Explanation: equivalent to MNT100 billion in US dollars. The word "equal" is missing. IOW, they have to pay back his investment, in dollars. -------------------------------------------------- Note added at 18 mins (2010-11-18 10:19:17 GMT) -------------------------------------------------- At least. |
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In proportion to the percentage of invested capital assuming the total investement to be MNT100 bil Explanation: I guess it is as follows: Suppose you have invested 15 units in a company total of 60 units in shares. And you want to sell your shares. Other investers are the first priority for the purchase. They shall have to pay you 15/60 x 100 = 25 MNT billion in USD The market price of invested 60 units may be above or below hundred, but the shareholders shall get priority in the purchase. Only after their refusal can your shares be sold at the market price. |
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