Thanks. I’m aware of those scenarios, but I have a slightly more unusual one in mind.
BST is a company which was CFDable on IG. It is currently suspended following a fund raising which fell apart due to Cvd19. Might get bid for, which again is a straightforward scenario. But a more complex one is that there is a private fund raise to take it forward to a M&A exit but the funders want to cancel the listing, and the board has already proposed a special resolution to cancel the AIM listing (on grounds of disproportionate cost).
So the scenario is suspension remains until the listing is cancelled concurrent with a private fund raise, and the share remains private for say 12 months until a company sale happens. Easy if you hold physical stock, but what about a CFD?
do you close the position at the moment of listing suspension (and at what value) or do you do something else?
