I am moving one of my 2 accounts with CMC today to Stake, a chess Hin broker. Leasx when he has time will post details about it. The idea is to move to a broker that can hold stock in an unlisted environment.
I have spoken or in writing with most of top holders and apparently they all intended to hold onto the holdings until fair value is met. I believe the lowest fair value on offer is $2.50/share so for me is an ok.
Once my first holding have been moved, I will move my other accounts by next week of two. I am stuck with my financial situation so i am unable to buy more shares, that's because i am looking to buy a new/dealership used vehicle for job purpose.
By the time, I have money again, this Pact is delisted already. So either by then, I will have to buy another stock to invest or to somehow buy it off market. hmm, since Pact kept blabbing on about selling shares on market, I forgot to ask them, how could I buy Pact shares off market when it is delisted, lol.
Just my activities after yesterday. I thought about it weeks before hand and with the help from leasx's advice, you know? I trust that most holders are preparing for this too.
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