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18.0¢ abarta resources limited

Ann: Received ASX letter of 18 December 2019, page-157

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mr_delta

12,159 Posts.

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03/01/20

13:51

Post #: 42211704
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Originally posted by lixiaouow: ↑

If AB1 is to be removed of the market there is multiple scenarios that may take place regarding the share holdings.

Scenario 1: The company will make an announcement regarding the selling of the shares to compensate shareholders.

Scenario 2: If the company does not provide any compensation of the shares you will then need to get in contact with ASIC unclaimed monies on 1300 301 198, ASIC will compensate you for your holdings in the company.

If you have any further queries, please do not hesitate to contact ASX Customer Service on 131 279 or +61 2 9338 0000 if calling from overseas.

Kind regards,

Anuj
Customer Service Officer
ASX Limited | 20 Bridge Street | Sydney NSW 2000
t: 131 279 or +61 2 9338 0000 | e:[email protected] |w:www.asx.com.au

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scenario 1 could happen but 2nd scenario is rubbish.

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even Scenario #1 - "compensate the shareholders" is impossible... the company has no liabilities towards the shareholders of any kind... yes, if they sell everything and pay off any debtors and bankers and all in the queue before us then any remaining money will be shared with the shareholders (not talking of AB1 in particular here but general discussion)... shareholders are the last one to be "compensated" - this ASX dude is clueless... and I have a feeling that we may be looking at a large section of ASX workers who could fit this image.... *shudders*

AB1 Price at posting: 18.0¢ Sentiment: None Disclosure: Held
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