Q. How are our shares valued now? A. 1.7c (max), off-market going price currently 1 cent or less.
Q. And how do we sell them if it does take of? A. If relist, then sell them on whatever Exchange they are listed on. Otherwise, Off-Market transfer or wait to be bought out by another company.
Q. Do we need to wait to be relisted? No, but it would be good to be listed on an exchange. Otherwise you can sell them via an OMT from the Automic sub-registry to the purchaser. Make sure you've created an Automic account and linked the shares with your SRN. Found on the latest Holding Statement letter you would have been sent in the mail.
I have no idea what's happening. But you still own the shares and they still have value.
