The latest news about the acquisition of Hazleton Shaft Corporation is on their web site under News & Media / Company News / HSC Press Release. At the end of this announcement it also says that they are looking to re-list on the US market.
It also gives the contact as Barney Corrigan with email address: firstname.lastname@example.org If you ask him a question at this email address he is very good at sending a quick response.
Very interesting recent developments, but being a shareholder in ATC does feel a little like being a passenger on a runaway train - it could be the most fascinating ride, or end in complete disaster without having the real option of bailing out and calling it a day. 2015 results were excellent (even though the numbers I was working with were suggesting a slightly higher gross profit for the same revenue). Nevertheless a few on this bb were saying at the beginning of 2015, that this was the… Read More
'Fraid not K4, it will be new shares that are listed in the US, and in US$, so not the ones we currently hold in ATC.
I reckon they now have two options. Either: 1. Issue us with new shares in their new "Group" company, in exchange for our old shares, or: 2. Make us an offer to buy out the old ATC shares. If they do that, don't expect a huge price!
So now we just have to wait (again) to see what they come up with.
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