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Ann: Pivotal seeks ASX delisting, page-6

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friendlydwarves

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15/02/23

09:39

Post #: 66253933
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Originally posted by Schniz: ↑

Would also like to know what experienced investors think about this. Is the best case scenario that they will eventually list on another exchange and common stock holders will be issued a parcel of listed shares?

Otherwise, after it's de-listed, is the only way to sell common stock in a private company by contacting them directly and hoping they agree to buy them off you at a reasonable price? If they refuse to (or can't afford to) buy them off you, is there any way you can write it off as a capital loss?

I assume there are no benefits of holding common stock if they remain as a private company forever (or until they become bankrupt)? Possibly a small dividend if they ever manage to become profitable.

Have been learning some extremely painful, depressing lessons about trading these last couple of years

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Yes that is the absolute best case scenario.

No, they won't ever buy your stock off you, even if you beg them. And there is no suggestion they will even facilitate trades between anyone. So the only way you can sell after delisting is by finding some rando to buy your shares. Good luck with that.

PVS Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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Ann: Pivotal seeks ASX delisting, page-6

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