Australia's largest stock trading and investment forum Australia's #1 stock forum

NEW new energy solar limited

0.00%

6.3¢

Please Explain..., page-4

First 4 Last

Share
Profile

Follow
Mr.Lumin

1,905 Posts.

571

29/06/21

18:13

Post #: 54153880
Share
Originally posted by Michaelirish: ↑

I share your pain.
I think I understand what is happening.
Up until now NEW has been trading as NEW Energy Solar Fund. The fund consisted of two parts, a company and a trust.
These separate securities were stapled together
The ASX required NEW to trade with an Australian Registe'd Trading Scheme Number
As of today the Australian Registe'd Trading Scheme Number is deregistered.
When NEW trades again, it will trade as a company. The trust is gone.

Expand

Ok, thanks.

So my holding in the company won't be paid out and my shares will remain?

also, what of the trust? What of any value attributed to the trust?
NEW Price at posting: 83.5¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

DMP

Is Domino's a steal after -25% plunge?

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Trump chides Powell as Goldman call for calm. The RBA must be nervous

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

I88

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Please Explain..., page-4

Top Stories

Is Domino's a steal after -25% plunge?

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Trump chides Powell as Goldman call for calm. The RBA must be nervous

OncoSil wraps up recruitment for key pancreatic cancer trial

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Featured News