CTV 0.00% 0.8¢ colortv limited

I am very confused, this person got shares valued at 22 cents....

  1. 594 Posts.
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    I am very confused, this person got shares valued at 22 cents. If he were to sell now he would only get 2 cents. I do not understand this situation, any chance you can explain how this works?
 
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Currently unlisted public company.

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