Medojevic: Majority of citizens would sell their shares immediately
- Medojevic: Majority of citizens would sell their shares immediately
- Post By daniloc
- 11:41, 15 februar, 2002

Majority of citizens would sell the shares they received in exchange for their voucher points immediately after their transaction at the stock exchange begins, which is a characteristic of all small investors, said director of the Centre for transition, Nebojsa Medojevic.
Commenting on the results of the poll that was published yesterday by the non-governmental organization #Akcija#, which stated that 37 percents of pollees would keep their shares in the next six months, while 20 percents would sell them, Medojevic said that the exact data would be known only when shares become tradable.
"Majority of citizens own a very small package of shares of companies, which is why I think that they would decide to sell it and get money, which means that there would be more than 20 percents of them," said Medojevic.
He said that owners of shares of successful companies and association of shareholders would probably be an exception, as well as all those who are "emotionally tied" to company whose shares they possess, as, for example, pensioners and employees of the company.
"Association of shareholders have a larger number of shares and they can influence the business activities of the company, which is the reason why they would not sell the shares at the stock exchange for the first six months," said Medojevic.
Member of the expert-coordination organ for monitoring of the mass voucher privatisation, Dragoljub Jankovic, said that the most important thing was that the poll showed that citizens actively thought what to do with their shares.
Trade with shares obtained in the MVP process would be possible at the stock exchange as of March 4, 2002.