GREY:NMKEF - Post by User
Post by
Kopsageon Feb 09, 2020 11:34pm
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Post# 30665371
Sell on OTC
Sell on OTCI faced a similar situation with an Oil company 3 years back. Had to swallow the loss but still got 10% of my investment back by selling my shares on OTC. If i had waited until restructuring (which usually dilutes shareholders like crazy) it would have left me with only 1% of my investment. Thats how bad it can be when they squeeze out shareholders.
If you want more facts, read throught all the docs PWC would have posted on their website in relation to NEMASKA restructuring process.
A new investor (unless an existing large shareholder like SOFTBANK) will make sure they squeeze out every penny from the existing shareholders.