# of AB1 Shares on Issue and current EBIT best guess., page-221

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28 Posts.

19/09/21

07:14

Post #: 56180320
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Originally posted by DoubleDown!: ↑

It is a bit like having a term deposit. (For those that don't remember them, you used to earn interest on money in the bank).

I'd written my AB1 holdings off (and I have well well in to the seven figures of shares) when they were delisted and was really surprised when they started trading at 50c on PM. Had they been listed I'd have sold for sure as I thought I'd have been lucky to recoup anything, 50c was amazing from nothing.

I rang PM when Animoca became a unicorn and said I'd sell part of my holding for $1.50 but they are dreaming if I'm paying 6% for the privilege ($100k in fees!!) They told me the fee is the fee and so I decided to just hold. So far that's working well for me.

I bet there are lots of 'forced' holders in the same boat as me, too cheap to pay the exorbitant fees and risking the lot instead!

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Wow DoubleDown, $100k! That’s an absolute disgrace. I wonder what is involved to charge such a fee. I know at least they’d need a typewriter and a sheet or 2 of paper. What else? An itemised account would be interesting
i think you’re right. Just hold on and enjoy the ride!

AB1 Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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# of AB1 Shares on Issue and current EBIT best guess., page-221

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