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18/12/15
23:56
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Originally posted by friendlydwarves
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You always have the choice of holding. What isn't guaranteed at this point is the option to sell at 12c. As I've noted in an earlier post, the delisting is guaranteed but the 12c offer is not. If you decide you want to retain your shares, you will be accepting the risk of there never being an open market into which to sell your shares. I made that decision consciously with something five years ago. The $8k I put into it is now worth somewhere between $0 and $more- but I have no idea when I'll find out the answer to that question. Basically, if you think you might ever want your money out, don't do it. If you can sink capital into a black hole in the hope of it turning into a pot of gold, go for your life.
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Friendly,
The private company you invested in, does it send you copies of its accounts and invite you to its AGM and stuff like that? Just thinking at least I might get some tea and bikkies if I get invited to the AGM