Mirabela Nickel Ltd Ord MRBAF

delisting

[gldfngr]

don't know what this will mean.   Generally  not a good sign. Don't know if i could even  trade on the ASX. Sold all mine

[sethro]

Delisting means they move from the TSX to the TSXV. "Cash on hand and on deposit of US$79.7 million at the end of August 2013 (US$108 million as at 30 June)."

[tayjon80]

I think delisting means off the TMX boards completely.  It is a money saving move and listing TSX-V has costs as does even the CDNX. I think you will be able to buy/sell shares on the OTCBB.  Not an expert on this.... Bigger problem is they just lost half the offtake as a one of the two customers is closing its smelter come the New Year. In my opinion, the only hope for the equity

[sethro]

It still trades on the ASX in Australia. 

[tayjon80]

Absolutely - but it becomes a question of market access and cost.  Much more liquid on ASX.  Problem with OTC is it "wild west" of markets.

[HIKER2013]

Huge Float and dangerous.   They should roll this stock back 50 to 1 Hiker