RE:RE:Frankfort…VerifiedUser123 wrote: I'm long on this stock but this smells fishy. How does an exchange just remove a listed company without advance notice? Someone had a massive oversight and I don't know that it would be the 12th largest exchange.
It's not fishy and it is advance notice (can't add to my position but can sell until the end of 18 August). Lots of stocks are being delisted due to a new identifier system, the following link is from the operator of the Frankfurt Exchange, Cielo is one of a number of stocks that are being delisted from Frankfurt due to the absence of a LEI (you can read about these on the internet, it's messy) - https://www.xetra.com/xetra-en/newsroom/circulars/xetra-circulars/Termination-of-trading-of-securities-of-issuers-without-Legal-Entity-Identifier-LEI--2707646