I think he means shares of stock, MrA.MrApathy said:your referring to the M series stock?
mdwguns and IGB of austria
you need to either register SBR or get the 16" barrel
no idea if it will work on MA1
i think i get what your saying.. im just saying a privately owned/operated corperation is fine... such as Mr Glock.. Yet privately traded on the exchange would not be such a great idea. at leasy in my humble opinion...ministerofdeath said:Well,
From what I understand Steyr went from a government corporation in Austria to a 100% private corporation, but I do not think they are a public one that is traded on a stock exchange at this point.
CGUNS is the man to ask he knows alot about the business side of Steyr. I believe if you look there is a very old post about Steyr Mannlicher going from some type of Austrian government corporation to a strictly private corporation.
There that explains a little bit about Steyr's corporate structure. There is another post, that I'm still looking for from CGUNS about how there is something to do with Steyr going from some type of government corporate form (in Austria they do things differently) to a seperate corporate entity free from Austrian government control. Something like that anyways. I'll keep looking and post it if I find out.For those of you who are wondering about the activities of a Holding company, Steyr Mannlicher as we know it is an Arms production firm. But, it is also very diverse and is active in other fields as well. Take a look at the Steyr Puch G class.
The Holding Company basically owns the assets and securities of the Steyr firearms production division, as they produce a product, along with any other firm that is under the "Steyr corporate umbrella" that produces a product or offers services for sale. The holding company will also have voting control which allows them to appoint and select who is on the board for the subsidiary firm and control the activities that the subsidiary firm carries out.
Translation: Steyr Mannlicher Holdings basically tells Steyr Mannlicher Firearms what to do, because they are in charge and control assets and voting power.
That only happens if the original private owners of the company are short sighted enough to put 51% or more of the company stock out in the market.bigtaco said:a publicly traded company makes guns. at the end of the year everybody from the ceo to the janitor made money. but the shareholders are unimpressed with their return on investment. a sale of the company would net the shareholders a dramatic return on investment. the company gets sold.