Night : It has nothing to do with odds & evens . Rather it is...

Night : It has nothing to do with odds & evens . Rather it is about a minimum of shares .

Usually what happens is the company , does a buy back with a specified broker , in order to save administration costs.
Occasionally this used to happen, but someone at CZL grossly exploited these tactics .
There must be a hell of a lot of people in this situation.
This has been mitigated by the fact that such a high percentage of people broke with Comsec &they have decided to waive brokerage,( if one asks them) with this dog of a company.
It is a sad situation , that the company through the use of the 150/1 & 50/1 consolidation caused the reduction of shareholding to zilch . That is the shareholders did nothing .

This is why many call them theives . And the company defender -Garfmate laughs it off as , just ' buying 4 years too early'