On 05/01/2012 14:07, Lüko Willms wrote:
Am 04.01.2012 20:19, schrieb Arthur Figgis:
If 100% of the shares are owned by the state, how does trading happen?

Normally by selling and buying. How else?

Mostly on the stock exchange, which is made for that. Maybe also
bypassing the stock exchange, but then mostly in big chunks.

Who is actually doing the buying?

Anybody who is willing to pay the price offered by the seller. If the
seller actually wants to sell...

It is really a mystery to me why you keep making such a big fuss
about this.


In the UK, shares of state-owned companies ("nationalised", in our
terminology) aren't traded on a stock exchange. All shares are
retained by the state and none are sold.

Only if the state decides to sell the company ("privatise" it) will
the shares be released for trading in a stock exchange.

Ross explained yesterday that German definitions are different.
If you post into UK newsgroups you need to be aware that we are
using different definitions from you.


--
Graham Nye
news(a)thenyes.org.uk