I don’t know what the threshold would be… but it would have to be over 50%. If I own 13% of my house, I wouldn’t say I own an enormous amount. I would I own 1/8th my house, which is pretty meagre.
Only if you really want it to be different is it different. The reality is, it’s not. Words have meaning and 1/8th is not enormous. It’s literally a small fraction of the total.
It’s under 13% so while he’s the largest single owner, he still doesn’t own an enormous amount. He could easily be bought out.
13% is the threshold for “an enormous amount”?
For a publicly traded company? Yes that’s an enormous amount in that context.
Isn’t it?
I don’t know what the threshold would be… but it would have to be over 50%. If I own 13% of my house, I wouldn’t say I own an enormous amount. I would I own 1/8th my house, which is pretty meagre.
Your house isn’t a publicly traded company. That makes a big difference in this context.
Only if you really want it to be different is it different. The reality is, it’s not. Words have meaning and 1/8th is not enormous. It’s literally a small fraction of the total.