OZL 0.00% $26.44 oz minerals limited

Have received an email stating how much I can expect.Not happy...

  1. 807 Posts.
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    Have received an email stating how much I can expect.
    Not happy because if you happened to sell shares as well as buy shares in the "relevant period" it seems you will be getting a vastly reduced payout.
    So all the traders will likely be disappointed i would imagine.
    In my case I was exercised on some shares through option writing, so I had to sell my shares.
    I then bought back the shares on the same day that I was exercised - and was still holding those shares when they went into the halt.
    According to the confidential formula (which I have not seen yet), I get a pittance.
    I tried to explain that I was holding a decent amount of shares when they halted and that any sell trades I made before I bought really should not matter. (after all I bought the shares in good faith that the company was in good shape, why would I buy them back if I knew the company was in trouble?)
    Not sure what I can do from here.
    Good luck to all.
 
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