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

LNG

Click for more information

0.00%

4.3¢ liquefied natural gas limited

Ann: LNGL Board Approves Re-Domicile and Listing in United States, page-42

First 42 Last

Share
Profile

Follow
mbatista

903 Posts.

72

22/07/19

12:59

Post #: 39630404
Share

Originally posted by Champee: ↑

Here is something from a super fund (Australias largest) that only allows direct investment, asx 300 only stocks, my cousin got caught once before on a stock, I always remember him telling me of his misfortune over and over again
3.16A corporate action resulting in the overseas takeover of anAustralian domiciled listed security will be processed as amandatory takeover and sold on the relevant Exchange.The proceeds (minus brokerage) will be converted to AUDbased upon the relevant foreign exchange rate at the pointof settlement and credited to your cash account.

That being said the market likes the news and with US valuations higher thats will be good for S/H.

Champee

Expand

True, in that case it would be a forced sale. One reason any serious investor would set up an SMSF. Not too late to do that now if his holdings are worth it. If they're not worth it then his LNG investment is probably small anyway.

LNG Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Making money: How many microcaps should be in an investor's portfolio?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Finance school vs reality: What they don't teach you about the stock market

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

There are more pages in this discussion • 121 more messages in this thread...

First 42 Last

Add LNG (ASX) to my watchlist