#608971
Postby jaizan » August 14th, 2023, 4:03 pm
I wonder why it takes so long to dispose of a portfolio of listed equities ?
Close price day before liquidation RNS = 1215p
Share price after liquidation RNS = 1335 (Diluted NAV) 1432
Delisting share price = 1140 Diluted NAV = 1302.8
By 23 Aug, I should have received 1270p, with an unknown sum to follow.
Obviously the market price of the stocks moves all over the place in the meantime, but I also have no idea if the liquidators are getting value for money. I thought it was odd that FEET did not sell the equities themselves.
Anyhow, it's a net gain since the day before liquidation, but with hindsight, I should have sold after the liquidation announcement.