Canadian Stocks/old Air Canada share
logic wrote at 2014-02-24 03:14:00
How could this be. AC was a company that owned assets. The assets have value. The name air Canada on its own has value. The gentleman owned a part of this company. How can some one take away his assets for no reason? If the assets were sold, there were proceeds. If they weren't sold they are the property of AC. You cant just change the owners, there is a paper trail. You can de list the company, Where it is listed has little to do with who owns the company. I mean, unless there is a law that says I can simply take some ones assets without paying for it... this makes no sense to me. Such a system would shake the foundation of how shares work and there would be no confidence in the markets if people felt that they did not own assets of a company.