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As long as profit and revenue able to keep growing, it consider as a good company. If its PA able to convert all to mother share, ,that is great! Their cash flow will be stronger and they will have more money to expand their business.
Not to say that when they convert their share, then its profit will still remain at there. Just an example, if you own 1 tool and it able to help you generate specific amount of profit, what will happen if you have money to own 1more of this tool? Will your profit get doubled? This is just what a good business is.
