FXR 0.00% 0.2¢ fox resources limited

Delisted, page-12

  1. 885 Posts.
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    Yes, if it really is 'alive'. Usually in these situations when the so called 'living' stock returns to the ASX , that return is contingent on existing shareholders stumping up new cash in a CR, an invitation that can be characterised in many cases as throwing good money after bad.

    So the company perhaps wasn't really alive, it was a zombie that could be brought back to life by an injection of your cash. After that the share price could go up or down like any other stock, so how much of your original investment is genuinely repatriated is a moot point.

    However, I do hope rumours of it's death have been exaggerated, since I remain a holder.
 
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Currently unlisted public company.

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