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20/03/21
13:27
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Originally posted by mr_delta:
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ok guys...some good news for those that have been "feeling stuck"... our last traded price was 18c and I know a few transactions now going on the off market portal - Primary Market at 17 ~18c... the seller pays the fees (around 3.5% of the transaction value) and some paperwork costs - Escrow fees.... I know many will say "3.5% for selling shares?"... well, you are getting an opportunity to exit at the last traded price... if you try and squeeze out the extra 3.5% and try and sell at 19c you get out with a net of 18c in your hands... the last time AB1 traded on PM the average price was around 10~11c.... this is a huge jump and if the audited report is released and some listing news is discussed then we can easily see 25c on PM... I know it means 2 years of waiting but then most of us thought that the money was lost down the drain, now you get a chance to get out at the last traded price... just my 2c - not any financial advice to sell or buy... do your own research...
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I won't trust Primary Markets as a platform after they blocked a share trade on the behalf of the board of Animoca Brands the last time they were 'trading'. But thanks for the info Mr Delta. Strange how this is not public knowledge. But grateful nonetheless.