OceanaGold Corp T.OGC

Pack Your Bags - - - Voluntarily Delist from ASX

[AKRAM123]

Why do companies delist from ASX?

 

 

The majority of companies are delisted because of takeover, merger, the maturity of securities, the illiquidity of securities, listing costs, failure to pay listing costs and business failure.

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OceanaGold to Voluntarily Delist from ASX

29 July 2022

News Release

(BRISBANE) OceanaGold Corporation (TSX: OGC) (ASX: OGC) (OceanaGold or the Company) today
announces that the Company has requested and received formal approval from the Australian Securities
Exchange (ASX) to be removed from the official list of ASX pursuant to ASX Listing Rule 17.11 (Delisting).
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So, we are either moving uptown, or SoCal homeless camp.  Who knows what?

[Awarded]

Pack your bags is right.  I presume they delisted in Australia in order to streamline the company and lower some costs. Still listed in Canada.  I suspect that is where they will relocate. Toronto or Vancouver.

[stockDirk]

They said before they were considering this. gold is up and diesel may go down. in france starting sept 1 diesel price will go to about 1,5 euro / liter. ( now 2 ) ( gov cutting back on their share etc... )  rest off europe could follow. once again a never ending waiting with oceana gold. If only we payed normal taxes in the filipines all would be good, even in these crazy times.