Quote Originally Posted by wizAlvin View Post
i saw AOG at $2.15
what exactly occured with OMN? did it send money to sharholders? fold up no issue? i need to know what each share holder actually got.
Hi Wizz they are winding up the compnany ,selling assets and returning funds to investors,The last s/p before delisting was 97c. Thanks


  1. "It is expected that there will be two distributions, with the initial distribution being made to shareholders within 3 months of the EGM, if approved by shareholders, and a final distribution being made at the end of winding up process after the final determination and settlement of liabilities and costs associated with the liquidation.
    On the information currently available, the Board estimates that the amount available for an initial distribution will likely exceed the volume weighted average share price of around $0.85 per share since the AGM. The Board notes that this is materially above the trading price of $0.67, which was the prevailing price immediately prior to the announcement of the strategic review at the AGM."