| ChuntasticMcChun | Thursday, October 11, 2012 - 06:37 am 
Sorry if this seems like a stupid question, when a corporation owner sells shares of a corp, to whom does that money go? I assumed at first that it went to the corporation's "cash available now" figure, but after selling some shares of my country's corporation (Kaliwaenia Wood 1A) that figure didn't increase, and I made sure they had sold when I checked. Does it go to the corporation owner rather than the corporation itself? |
| Crafty | Thursday, October 11, 2012 - 10:34 pm
Yep, the owners, so an initial ipo means the cash goes to the country or enterprise. |
| ChuntasticMcChun | Thursday, October 11, 2012 - 11:04 pm
Ah, so as far as strategy goes, there's really no reason to have a corporation go public unless the country or enterprise needs the immediate cash? Or would there be reasons other than that as well? |
| Crafty | Thursday, October 11, 2012 - 11:13 pm
There's another thread started in the beginners forum about this subject exactly.
Go look there please, as I cant be bothered to type it all out again. And there are other opinions too. |
| ChuntasticMcChun | Saturday, October 13, 2012 - 09:59 pm
Thanks for always being so helpful Crafty.  |
