Australia's largest stock trading and investment forum Australia's #1 stock forum

MBN

Click for more information

0.00%

8.3¢ mirabela nickel limited

Ann: MBN Update on Cash Out Process, page-8

First 8 Last

Share
Profile

Follow
ccdavid

2,504 Posts.

303

03/06/15

12:56

Post #: 15404134
Share

Originally posted by Locust1 ↑

The NH's were never subject to any restriction on selling their shares. The COI process was for former note holders who couldn't qualify for a conversion of their notes into shares because of constitution or jurisdiction or lack of financial licence or those note holders that were not contactable. NH's have been free to sell on the market (and some have) since the company relisted in July 2014.

Expand

That is what I taught too ever since. I don't know how that restriction came to play.
And yes the COI caused all that misconception I suppose. DYOR

MBN Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

DUR

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

MLS

Metals Australia kicks off multi-project drill run sniffing for gold and critical minerals

AAJ

Aruma sniffs high-grade copper, antimony at QLD's Fiery Creek

FBR

FBR's robotic home construction tech passes first US early-stage structural compliance check

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

There are more pages in this discussion • 5 more messages in this thread...

First 8 Last

Add MBN (ASX) to my watchlist