11.  Preference shareholders receive nothing on a liquidation until all creditors have been paid, although they will rank ahead of ordinary shareholders for a distribution in the winding up.

12.  A preference shareholder does, however, usually have the right to be paid his dividend before any dividends can be paid to the ordinary shareholders.

13.  Subordinated loan stock will rank behind all unsecured creditors but ahead of preference shareholders and ordinary shareholders.

14.  If the bids were decoupled it would give St.George the chance of taking control of Metway by winning the support of ordinary shareholders in a meeting later today.

15.  LVMH executives argue that their offer is the only one that gives ordinary shareholders a fair price.

16.  More ordinary shareholders are speaking out, not necessarily with loud voices and angry invective but in a critical manner nonetheless.

17.  Over time, they say, options falsely inflate corporate earnings, provide unfair tax breaks, and threaten the wealth of ordinary shareholders.

18.  Paper and cardboard maker Binda SpA will hold an ordinary shareholders meeting to discuss the sale of part of its assets.

19.  The company also announced that three divisions owned by ordinary shareholders will be split into three separate publicly traded stocks, pulp and paper, building activities and energy.

20.  The opposition leader in Parliament blamed the government for causing huge losses to ordinary shareholders as frightened investors fled the market.