Becomes more Interesting the more I think about it.
This wont occur until 10th of Feb. Does that mean the company does't believe the share price will be substantially higher come 10th Feb 2014?
If say the price is .02 cents come Feb - how many of the 910 holders would now hold marketable parcels?
910 holders have less than $500 if say the average was holding $250 and all of these holders topped up to the min $500 that would be roughly $225k in on market trades before 10th of Feb? Do these notification help push the price up leading up to the 10th of Feb?
Or do we see $225k ish being dumped on market on or just after the 10th of Feb - driving the price down further -
Anyone ever had experience with one of these Elimination Notices before??
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