AAK 0.00% 0.4¢ australia china holdings limited

Ann: The Issue of Ordinary Shares and Options , page-7

  1. 819 Posts.
    Htran,

    If you were to let your stock go at $0.000 you would actually be giving it away! Based on it's performance to date I am sure that there may be some shareholders who may be happy to do this.

    However, the lowest it can fall is seller at $0.001 and no buyers, which means at this level you can't sell (or give away) your stock. There is no provision on ASX to actually transact at $0.000. On a white paper transfer you could but that still needs a dollar consideration.
 
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