Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

What is the point of owning a stock without dividends if it cannot be resold?
If that condition is permanent -- the stock will NEVER pay dividends and you will NEVER be able to sell it -- then yes, it sounds to me like this is a worthless piece of paper. If there is some possibility that the stock will pay dividends in the future, or that a market will exist to sell it, then you are making a long-term investment. It all depends on how likely it is that the situation will change. If the investment is small, maybe it's worth it.