BTA 0.00% 57.0¢ biota holdings limited

160 trades today total value $69,787, which is $436.16 per...

  1. 1,871 Posts.
    160 trades today total value $69,787, which is $436.16 per trade, under the legal limit of $500. Guess what happens if i'm holding an unmarketable parcel of shares at the end of a tax year ? (thru no fault of mine...due to 1 for 100 reconstructions and the like) I get a cheque for the value of the shares, as i'm not deemed worthy of being a shareholder as i dont meet the minimum $500 holdings requirement. I guess some "shareholders" have more rights than others huh ? Here were the final 4.10pm auction trades, pushing the price up half a cent to almost mirror the day's VWAP of 95.72c.

    4:10:04 PM 0.960 3 2.880
    4:10:04 PM 0.960 90 86.400
    4:10:04 PM 0.960 43 41.280
    4:10:04 PM 0.960 150 144.000 XT
    4:10:04 PM 0.960 363 348.480 XT
    4:10:04 PM 0.960 12 11.520 XT
    4:10:04 PM 0.960 5 4.800
 
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Currently unlisted public company.

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