AGS
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0.00% 17.5¢ alliance resources limited

With regards to the Unmarketable Parcels, what happens to the...

  1. chrisCarter
    935 Posts.
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    19/07/16
    10:38
    Post #: 18304786
    With regards to the Unmarketable Parcels, what happens to the shares that are bought back by the company? Do they come off the total shares available?

    From ASX release dated 26/05/2016:

    "Under the Facility, the Company has appointed Melbourne stockbroker Lodge Partners Pty Ltd to sell the Unmarketable Parcels on the ASX...."

    No mention of cancelling anything.
    AGS Price at posting: 4.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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