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Guest Slaphead63

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Guest Slaphead63

Morning All

 

If you have shares in a company on here that get suspended and then brought out what happens to your shares eg if another company buys them at 1 share per share in the new company does it just transfer etc....Sorry to sound thick :)

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The company would have news events for investors explaining what happens to those holding stock currently.  Each stock would have different outcomes for existing investors so not always the same. 

 

Usually if Company A is suspended and Company B buys Company A, the investor would now have stock held in Company B at a ratio explained within the news event.  Your portfolio (if nominee account) should update to show the new holdings probably shortly after they have been sent to your broker.  

 

A reverse takeover can sometimes happen if the smaller company (usually suspended) takes over a larger company - they do this to save on costs instead of applying for a brand new listing.  Again the news event would explain what share holding existing investors would receive (if any) in the newly formed company.  

 

 

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