DIO 0.00% $1.27 dioro exploration nl

Michinyon wrote:"Thats a very odd claim. They can't "suddenly"...

  1. 1,856 Posts.
    Michinyon wrote:

    "Thats a very odd claim. They can't "suddenly" sell them, and companies very rarely do. They have to introduce a scheme to do it and get it approved by shareholders. Then shareholders with small parcels have the right not to have their shares sold for them."

    What they do is send you a letter saying that if they don't receive a letter from you saying you wish to keep your unmarketable parcel, they will sell it and send you the money. This happened to me with a small amount of ADY shares I had in one of my accounts. Any company can do this; it's an ASX rule. And it's very annoying. And it's common. CVN also did it to me a few years ago before they started having all their lucky strikes and the share price was languishing.
 
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