Soriku said: It doesn't matter, 8% isn't going to let you decide anything and I doubt influence anything. Now if they still owned 20% then things might be different. |
Shareholders, no matter how small the amount of stock they own have voting rights and do influence the decisions of the company. Of course if you have 10 shares of SE your vote is really going to be meaningless, but they still count. Crap I have some 50 shares of some huge companies and they are always sending me shareholder info and asking me to vote on stuff. If the votes amount to 50.01%, then that's the direction the company will go for. 8.6% is not close to 50.01% but it is significant in a company as big as SE.