A shareholder holding 1.9 million dollars of the capital may be forced to exist his position.
On the plus side you're in a better position than the charities also mentioned in the article.
Im not a holder but I saw this company mentioned and figured I'd give a heads up for anyone with their super in this who might want to know more.
"Documents his legal counsel supplied to the charities' lawyer show 61 per cent of the remaining $1.9 million in stock holdings are in one share - IMX Resources, which owns a small iron ore mine near Coober Pedy."
Link: http://www.theaustralian.com.au/news/stockbroker-allan-moffatt-taken-to-court-after-he-failed-to-tell-charities-of-6m-bequest/story-e6frg6n6-1226620303190
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Price($) | Vol. | No. |
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