TSX:SGR.UN - Post by User
Comment by
hydra100on Dec 16, 2010 5:20am
258 Views
Post# 17854199
RE: RE: RE: Subsiduary
RE: RE: RE: SubsiduaryPLEASE READ AGAIN.
AND I QUOTE
"IF A DRILLING COMPANY IS A SUB, WHO OWNS THE SUB"
In business a subsiduary is an entity controlled by another seperate higher entity. Control can be achieved in many ways as in contractual or higher entity owning shares in sub etc.
Please take note I did not say the sub is owned by the higher entity. AGAIN I DID NOT SAY THE HIGHER ENTITY OWNS THE SUB!!!!!
The drilling company here is an operating sub and not a non-operating sub.
Unless one knows who owns the sub one can, unlike you, not assume who owns it.
AGAIN I QUOTE
"YOU GOT A CLUE AS TO WHAT THE WORD MEANS."
Yes I do and when you do please get back to me but not before!