It allows people with very small holdings to offload their shares without paying brokerage- the company covers all costs.
It is worth the company's while to do this so they can reduce the number of insignificant shareholders on the registry, thereby reducing the associated costs related to mailing and managing these shareholders etc
Ann: Unmarketable Parcel Share Sale Facility, page-8
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Last
80.0¢ |
Change
-0.005(0.62%) |
Mkt cap ! $121.1M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.5¢ | 78.0¢ | $95.36K | 119.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6410 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 4696 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| HCH (ASX) Chart |