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16.0¢ strata investment holdings plc

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KeithB1

108 Posts.

12

08/01/24

08:13

Post #: 71767776
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Originally posted by TrendzLSE: ↑

Of course one can open a AUS brokerage account but whilst the shares are in limbo (CDIs lost in the HL shyt show) they are not able to be transferred. A sorry mess. The AIM delisting was illegal because one of the AIM rules says that a company y can only delist without shareholders approval if the shares can be freely traded on another approved stock exchange. Well fast forward almost a year and a massive group of UK shareholders can’t trade. There is a claim against the board and Strata to be made. I’m a lawyer for a JSE and AIM listed company - I know what I’m talking about.

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I thought they got shareholders' approval-i.e. enough of the major holders to pass it, irrespective of what the greater number with smaller holdings (assuming they voted) thought

SRT Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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