In the initial announcement about delisting the BOD said (they may be required to)
"Should the Company be removed from the official list of ASX, the Company will seek to:
(a) convert all ASX-listed shares into depositary interests that can be traded on AIM;
(b) engage a stockbroker to facilitate sales on behalf of Australian shareholders on AIM and,
if requested by the shareholder, convert and remit the net proceeds in Australian dollars.
This facility will be in place for a minimum of 12 months; and
(c) arrange for the sale of small holdings in accordance with clause 12.14 and Schedule 5 of
the Company’s constitution, and remit net proceeds to those shareholders whose small
holdings are sold."
You should be contacting the company and asking about the broker. Mystikal should be asking them about small parcels.
- Forums
- ASX - By Stock
- Ann: Results of Meeting
In the initial announcement about delisting the BOD said (they...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NYO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online