The shares you mention
Do the people who buy them have any benefits from them like voting on matters etc
if they paid too whack for the shares there’s little chance of them going up in value. So for profit can be discounted I would have thought.
They have different classes of shares, some with voting rights and some without.
iirc a class A share is equivalent in value to 10 class B shares and the Glazers converted a portion of their A class shares into B class shares to take advantage of the temporary hike in the share price.
There’s plenty about the united share model online if you care to look into it.
As for shares going up in value, in the case of a stable business they generally hold their value which is a useful protection nowadays.
They maintain their ‘value’ so that their prices generally go up due to quantitive easing which is what happens when governments print money to increase the money supply.
Printing money is a way of stealing from everybody’s bank accounts, because an increase in the amount of money in circulation consequently reduces the currency value.
In rough terms, shares are tied to an asset, and the asset maintains it’s value regardless of currency fluctuations so that a 10% increase in money supply results in a 10% reduction in the value of the currency which results in a 10% increase in the price of a share that is protected by being, in effect, a tangible asset.
If you’re in a common currency (such as the Euro) you can’t just print more money as that would devalue you neighbours currency, and this is why the UK wouldn’t join the European common currency.
As an example you’ll probably remember the issues in Greece following the worldwide banking collapse.
The UK managed the crisis by printing money (quantitive easing) thereby stealing from all of us to bail the banks out. But the Greek government, being in the Euro, couldn’t print money to surreptitiously steal from their people like ours did.
As they couldn’t take from their people by stealth, the had to be upfront about their problems and they set out to take a percentage of money out of everyone’s bank accounts which resulted in riots whereas here in the UK, we were robbed blind but didn’t even notice (Except inasmuch as we noticed the price of the things we bought ‘fixed assets’ going up).
The UK government does an awful lot of quantitive easing.