FPL 8.33% 0.7¢ fremont petroleum corporation limited

I received a cheque for $0.02 from Freemont a few weeks back,...

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  1. 1,540 Posts.
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    I received a cheque for $0.02 from Freemont a few weeks back, thats right 2c.

    I had held in 2012, and sold my holding at a slight loss at 32c. For some reason I sold 100 shares less than I held, so have had an orphaned 100 shares for some time. After two 1 for 10 consolidations, my 100 shares became 1 share, the company bought out untradeable parcels hence my cheque for 2c.

    This company managed to turn my $32 worth of shares to 2 cents in 5 years, must be an all time record.
    Don't ask what I think of them....
 
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Currently unlisted public company.

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