Okay so I'm in a pickle- I want to buy into this stock once the suspension ends, because for even a small investment I can get a substantial holding, and even with a small increase in SP it could be a good bit of profit - BUT - there is the ever looming possibility that CMY slips that little further and is de-listed.
So my question is, as I haven't experienced it yet, what happens in the situation when a company closes its doors? Is it likely to just de-list and be gone, or is an acquisition/merger more likely? And in that case, do my held shares then become shares in the acquiring company?
- Forums
- ASX - By Stock
- CMY
- Ann: Board and Management Changes
Ann: Board and Management Changes, page-28
-
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CMY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online