SAS 0.00% 1.6¢ sky and space company ltd

Ann: Consolidation/Split - SAS, page-44

  1. 1,873 Posts.
    lightbulb Created with Sketch. 952
    Some of you seem a little worried about the consolidation! Some have suggested they are annoyed and even disappointed! I don’t know……… 2800:1 is not that bad, despite (I think) it being an ASX record. (anyone noting my sarcasm yet?).

    The real kicker is when they take your 12 x shares (or less) from you by claiming them as an unmarketable parcel. You don’t get to trade them, you are simply hang out to dry until ‘they’ sell them for you at market!............ or buy them for themselves at a pre-determined (low) price. It’s a bit like being ‘king hit’ and then they leave you writhing in pain………….. only to come back later and kick you in the nuts, just for fun.

    This link will tell you a little about 'unmarketable parcels'. MXC holders recently went through this 'kick in the nuts'.
    For the uninitiated, what do MXC and SAS have in common?................ same 'nut kickers' in Perth.

    PS – I’ll save my comments later based around Moalem, Pariente, Glickman and Shrama and the roll they played in this ongoing train wreck!
 
watchlist Created with Sketch. Add SAS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.