The answers will all be in the hands of the new owners, but most likely:
- No, they won't buy back. There's no benefit for them because the company is going to be basically shelved and inactive. Setting up and executing a selling facility for unmarketable parcels has costs that aren't justified. It's cheaper to keep holders on the books.
- There won't be an opening to dump on. The company has no assets, no staff, and no business. It's a shell.
- Once the restructure is done, the next step is probably to remove the stock from official quotation.
- The most likely future prospect is that the company will emerge off the shelf one day in a blaze of recapitalisation as a total new venture. No telling how long before that happens. As a shareholder you might be invited to tip in some capital under a share purchase plan.
If you don't like this story, you can sell your shares to delisted.com. You will have to pay their administrative costs (say, $151). They will buy all your shares for a peppercorn fee (say, $1). You then get the ability to write off your capital loss for (hopefully) more than the $150 net fee you paid. They accumulate shares in shell companies for effectively nothing, and cash in if the shares eventually reappear on the market.
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