NXR 0.00% 2.0¢ nemex resources limited

Ann: Removal from Official List, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 240 Posts.
    lightbulb Created with Sketch. 2

    Hi Crikeyrob

    Company hasn't been liquidated so a loss can't be claimed.

    You need to do an off market sale to someone for $1 to realise the loss.

    Unfortunately Zhang left this deal search too late and the ASX had no choice.

    I don't have a lot of confidence that this will re-list again in H12019 as claimed in their release.

    However, saying that it seems that a new listing under a prospectus is likely to be easier than satisfying the ASX requirements to remove suspension with a change in business focus. Although existing shareholders will be massively diluted under any new listing.


    Merry Xmas 



 
watchlist Created with Sketch. Add NXR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.