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"The slate is cleaned and all orders have to be resubmitted once...

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118 Posts.

27

15/06/18

08:43

Post #: 33726349
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Originally posted by makattack ↑

Colt another company can't just come along and acquire SYT. SYT has shareholders. A takeover as it is more commonly called requires the takeover aspirant to put an offer to shareholders to buy out their holdings and shareholders as an 90% majority have to accept the offer. The purge of your oeder is what happens whenever ANY stock goes into suspension. The slate is cleaned and all orders have to be resubmitted once the company is trading again.

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"The slate is cleaned and all orders have to be resubmitted once the company is trading again."

Hey Maka,

So I placed an order earlier this morning and it appeared to be accepted just fine. Are you saying that it won't go through? Perhaps it will be bounced when the market opens?

SYT Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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