Yea I got my "unmarketable parcel" form last night.
Interesting: it says that there are 9,750 share holders who have less than a marketable parcel; which represents
a total of 383.6M shares.( based on SP of .001) Average of 39,340 shares each.
Assuming that documents must be posted to SHs then at $1.00 just for the postage in Oz this represents a cost of
$10,000!!! (Not counting the cost of printing/distribution) and the company is now worth only $2M
IMO the only way we may get a better price for our shares is to hang in and hope for a buyout/takeover by a high tech mob who want a quick entry onto the ASX.
What do others think????
As far as a minerals search company is concerned we are as dead as a Dodo.
My guess is that the BOD want to clean up the register ready for a take over or buyout; they would know what they are doing!!!!!
.
Yea I got my "unmarketable parcel" form last night.Interesting:...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.296M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $3.208K | 1.638M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 93 | 373667480 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 40425373 | 31 |
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| Last trade - 13.34pm 27/09/2024 (20 minute delay) ? |
| MTL (ASX) Chart |