MWE - Mawson West

bowman said:

Your shares still have some value although I have no idea how you would go about selling them off market.

Mawson seems confident they will continue as an exploration company so perhaps if they come up with the goods some time down the track, they will relist.

Click to expand...

Well it appears that Mawson West are going to resurrect themselves via the TSX. They are looking to relist over the next couple of months.

The company has just completed a 1 for 4 consolidation and the relisting price will be around $2. Therefore when the company delisted in 2009 the shares were worth 3 cents. Upon relisting they will be worth 50 cents! (or $2 post consolidation). So those who decided to hold on will get a 17 bagger from the delisting price.

I'm sure holders will be more than pleased with that and with the copper price so high it might be some good days ahead