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what does drawdown mean?

COOLTRIKERCHICK
COOLTRIKERCHICK Posts: 10,510 Forumite
Combo Breaker First Post
in Savings & investments
I am looking at a certain company ( not to invest in...lol..) and the info i have found says its got x amount ot drawdown, and a certain shareholder has got 22.50% of the company's 'enlarged' issued share capital

basically in plain english what does hte above mean..

thanks:T
Work to live= not live to work

Comments

  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    First Anniversary Combo Breaker Hung up my suit!
    COOLTRIKERCHICK wrote: »
    and the info i have found says its got x amount ot drawdown...

    'ot'?

    Question in 'Plain English' first, please.
  • lisyloo
    lisyloo Posts: 29,802 Forumite
    Name Dropper First Anniversary First Post
    X amount of what?
    money? shares?
    I think we need more context.

    It could be that they haven't issued all their shares.
    It's not unusual to have some to give out to employees as a reward/bonus/incentive.
This discussion has been closed.
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