oh yes, and naturally if the shares are undervalued, it benefits the shareholders that continue to hold as the unmarketable securities are cancelled, so it’s like a pseudo sharebuyback.
this happened with another of my holdings (different co)however I had after consolidation a piddly amount . I elected to hold my parcel however …and I am happy I did
Ann: Unmarketable Parcel Sale Facility, page-7
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $18.93M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $5.034K | 26.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42126 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 55478 | 3 |
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| Last trade - 12.55pm 18/09/2024 (20 minute delay) ? |
| MGT (ASX) Chart |