ECT 12.5% 0.4¢ environmental clean technologies limited.

ELF Expiry Notice, page-3

  1. 1,831 Posts.
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    I've just received the same for various ELF parcels.

    Sounds like if your initial loan was for $10,000 and you balance remaining today was $4,500 that you will get 55% of your shares.

    If you paid the loan out to get the 30% discount you already have the shares they are just worth a lot less than you paid.

    If you capitalised all interest or paid the interest as it arose you get no shares and you have no remaining debt.

    That seems pretty fair under the circumstances, though I can see that there can be ways to get bent out of shape over it.

    I'm still unsure if the company will hang on to the the shares they resume or cancel them.

    GLTAH.


    Last edited by JustIntonation: 31/07/20
 
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