HCT 0.00% 1.0¢ holista colltech limited

I don't believe it's forced, usually this type of thing is...

  1. 205 Posts.
    lightbulb Created with Sketch. 48
    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.
 
watchlist Created with Sketch. Add HCT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.