HCT 0.00% 2.0¢ holista colltech limited

Ann: Unmarketable Parcels, page-3

  1. 207 Posts.
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    I don't believe it's forced, usually this type of thing is optional (Often opt-out). The general point of it is to reduce corporate costs - if you have 5000 shareholders with $5 of stock, you're spending more money keeping them informed of meetings ETC than it's worth, so you tighten up the registry by buying back all those small parcels.
 
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