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19.5¢ openpay group ltd

The IOU blokes reckon it's going to come flying out of the...

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Tekvest

7,064 Posts.

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28/08/23

15:29

Post #: 69591671
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Originally posted by mrspeculator: ↑

You essentially own shares in a company which, for all intents and purposes, no longer exists as a going concern. Not only is Openpay no longer being traded on the ASX mercantile exchange, it's also no longer engaged in its primary or auxiliary business activities.
From here you'd need to consult a lawyer who knows a little about bankruptcy procedures if you want immediate answers, otherwise you'll just need to wait for further correspondence.
When it does finally delist from the ASX, no further announcements will be made via that channel.
In short, your investment is worth nothing right now. In light of the fact that LBY & IOU are also dead in the water, I can't see any resurrection, let alone a rescue.

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The IOU blokes reckon it's going to come flying out of the blocks and start trading soon - at least some of them do

OPY Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
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