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AB1 abarta resources limited

0.00%

18.0¢

We don't need to contact the company to sell our shares. Also...

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Georgington

117 Posts.

28

30/03/20

13:32

Post #: 43774855
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Originally posted by cokelator: ↑

The current price is about zero. Being delisted means that the company is no longer eligible to trade on the market. So to determine the price, you'll need to find someone who's willing to buy your shares at a price agreeable to you. You'll need to arrange the sale through the company, so maybe contacting the company would be your best starting point. As the company is no longer bound by the market trading rules, they could technically do anything towards your shares and it will be up to you to keep them on their toes (i.e. check with your solicitor). They may trade again on another market at some point, but it is rather unlikely that the capital structure will stay as it was.

Hopefully this will end up well for all holders.

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We don't need to contact the company to sell our shares. Also they are still under regulation from ASIC so technically they can't do anything with our shares. They can shut up shop which would make our shares worthless, but they can't just do whatever they like with them.

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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We don't need to contact the company to sell our shares. Also...

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