Hi,
Assume two airlines ( A + B ) end up with EXACTLY the same number of shares in an airline ( C ), and each of those numbers are enough for control, which airline’s legal rights would airline C have to adhere to?
Saad
My assumption would be the either the one who had the 50% first or the one who has more equity (higher overall avg share price).
Is there ever an even amount of shares in a listed airline or are they all odd? (therefore preventing this question)
Well, I guess the same question occurs when two shareholders own, let's say exactly 45%. So even or odd is not necessarily relevant.
There are time-stamps in the stock system -- meaning, if I placed an order for 50 shares at $50 a share, and then a minute later, someone else put an order for 50 shares at $50 a share, my order would go through first before the other person's. But it has to be exact prices entered.
Because of that, I personally think the company control would go to whoever had the control first as per the stock trading system. Just my thought, though.
anyone from AS team can give a confirmed answer?
anyone from AS team can give a confirmed answer?
I had to look it up in the code myseld and currently, if the amount of shares is exactly equal, sorting falls back to the ID of the share. This is obviously arbitrary and can lead to unexpected changes in control.
I've filed a bug and will fix this to something that makes more sense for the next patch. I intend to keep it simple and leave control with the shareholder that already has it.
If not to complicated, I would use the sum of shares of a holding in first place, followed by the the current ownership.
So if X owns 45%, Y 45% and daughter of Y (Y1) owns 10% I would say the control should go to Y. One would say, Y1 could sell the shares to Y, but that's only the case when X doesn't block this by an order.
Actually something that's already an issue with unequal amounts of shares ...
Too complicated for my taste. The stock exchange is a feature that's constantly on the "revision list" and will most likely be replaced by something else or removed altogether at some point. For cosmetic problems like the one you describe, I won't implement graph-walking for every shareholder which has the potential to become a performance-nightmare in certain situations.
I don't see a real performance issue about that ... I don't think that there are such long holding chains. Anyway, I agree as it's on the general re-design list, that's probably not the most crucial thing.
Probably it's worth to consider this issue within the redesign. In general, it is a cosmetic thing. But on the other hand, with current system players are able to block changes of control, which in some cases might be quiet frustrating.
Too complicated for my taste. The stock exchange is a feature that's constantly on the "revision list" and will most likely be replaced by something else or removed altogether at some point. For cosmetic problems like the one you describe, I won't implement graph-walking for every shareholder which has the potential to become a performance-nightmare in certain situations.
But please don't remove the stock market! I think it is one of the more central aspects in the game. i also think it makes it so much more interesting to be able to take over smaller airlines and integrate them into the own network or use them to take over certain jobs of it's parent company. Pleeeaaase do NOT remove it.
But please don't remove the stock market! I think it is one of the more central aspects in the game. i also think it makes it so much more interesting to be able to take over smaller airlines and integrate them into the own network or use them to take over certain jobs of it's parent company. Pleeeaaase do NOT remove it.
Totally agree!
Stock market should be renovate. You can add more features, for example: additional share emission, etc.
But if it is renovated, there should be an option to somehow make the stocks more liquid. Currently there is too little trading going on, and once you have stocks, it can take a very long time to be able to sell them, or be able to buy some.
That's a bit frustrating.
But if it is renovated, there should be an option to somehow make the stocks more liquid. Currently there is too little trading going on, and once you have stocks, it can take a very long time to be able to sell them, or be able to buy some.
That's a bit frustrating.
Yeah, that's true! Especially on the older servers such as Tempelhof, where the majority of the stock is held by only a handful of very big and wealthy airlines who don't ever sell them...
What should really be possible, is to setup planned joint ventures. Ie. Two or more airlines invest in a joint subsidiary, each cough up an agreed share of the initial investment, eg 51%+25%+24%.
That would be handy for alliance partners to setup a joint terminal company, joint prop connect airline etc.
What should really be possible, is to setup planned joint ventures. Ie. Two or more airlines invest in a joint subsidiary, each cough up an agreed share of the initial investment, eg 51%+25%+24%.
That would be handy for alliance partners to setup a joint terminal company, joint prop connect airline etc.
This would be a great idea if BOTH could manage it. As it is, it can only have one manager, who can basically do with such airline as he sees fit.
If two company are in different countries, and other shareholders are from other countries. How does the game system determine the country of the airline?
Majority determines the country. In my example the one holding the 51% would determine the country.
If the ownership goes something like country A 26%+25% country B 49% the home country would be A but B would control the company
This would be a great idea if BOTH could manage it. As it is, it can only have one manager, who can basically do with such airline as he sees fit.
Why would that matter ? Majority shareholder gets to run a company in real life too...
Majority determines the country. In my example the one holding the 51% would determine the country.
If the ownership goes something like country A 26%+25% country B 49% the home country would be A but B would control the company
What about an Indonesian company holds 40% of a company, and a Malaysian company hold another 40% of a company. And the rest 20% of shares is hold by a Singapore airline. Assume both 40% contains same mount of shares. Now you have two majorities. How the system determine the country of the airline?