OTCQX:GTBAF - Post by User
Comment by
captainpoobyon Jan 16, 2020 4:05pm
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Post# 30561984
RE:RE:RE:RE:RE:RE:Hostile takeover...
RE:RE:RE:RE:RE:RE:Hostile takeover...touareg wrote: I am not certain of this but I think that is not the case. Shares are held by the brokers and the company knows that customers of a certain broker hold a given number of shares but they do not know who all those individual shareholders are.
I think this must be true in the case of shares held as 'anonymous'. And for eg when I trade on the canadian exchanges my trades show up as anon because they are not held by a Canadian broker. I think there are millions of shares under the heading of anon. Of coure if any one holder owns more than 10 mil (is it?) They are legally bound to make it public.
Maybe someone else knows for certain about this? captainpooby wrote: Yes, they HAVE to know who their shareholders are. If there is any voting event, they must notify the shareholders and give them an opportunity to vote. You’ll receive an envelope in the mail with the info on the even and voting/proxy forms and stuff.
I think you you may be correct. Whenever I have gotten the package, it’s come from my broker, not the company directly. So probably the company passes the voting package to the brokers, that then distribute them. I stand corrected.