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6.3¢ new energy solar limited

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Mr.Lumin

1,448 Posts.

445

29/06/21

18:13

Post #: 54153880
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Originally posted by Michaelirish: ↑

I share your pain.
I think I understand what is happening.
Up until now NEW has been trading as NEW Energy Solar Fund. The fund consisted of two parts, a company and a trust.
These separate securities were stapled together
The ASX required NEW to trade with an Australian Registe'd Trading Scheme Number
As of today the Australian Registe'd Trading Scheme Number is deregistered.
When NEW trades again, it will trade as a company. The trust is gone.

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Ok, thanks.

So my holding in the company won't be paid out and my shares will remain?

also, what of the trust? What of any value attributed to the trust?
NEW Price at posting: 83.5¢ Sentiment: None Disclosure: Held
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