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18.0¢ abarta resources limited

In case anyone is wondering WHY this suspension is taking so long..., page-58

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Lurcher.A

410 Posts.

43

16/11/19

12:02

Post #: 41461767
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Originally posted by Grinder57: ↑

Mike, it the event that the Company felt it was necessary to move to a different exchange it would simply be an accounting process and a reissue of shares it the same amount as you would currently be holding! ( doubtful this will happen but the Company definitely has options)

For example, I am a US citizen and every time I buy shares in animoca through my brokerage account, the transaction initially is made in Aussie dollars and then converted to the equal amount in US dollars and shares!

So if for example you have invested $10,000 dollars and hold 150,000 shares in your brokerage account and the Company relocated to another exchange n Hong Kong or Canada it would simply be an accounting and currency exchange process!

However, future purchases would probably be at a higher commission for foreign transactions. I currently pay $100 US dollars every time I bought shares in Animoca, versus a very small commission for buying shares on my local exchange!

Hope this helps out

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". I currently pay $100 US dollars every time I bought shares in Animoca, versus a very small commission for buying shares on my local exchange!"
* ouch *

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Not Held
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