Monday, October 15, 2007

WTF - wtf?!

After logging on yesterday and finding a new stock in my portfolio, I assumed something screwy with the WSE database. I have seen problems with the listings with long-gone (RMV) still appearing in my Watch-List after being removed many times and delistings dropping off and reappearing automatically.
But this one didn't cause an error when we clicked on it. Instead we were greeted by a WSE Traders Fund symbol and what looked to be a complete company information page.
The Business Overview states that this is a fund created to assist shareholders recoup some of the costs of a delisted companies, a way of compensation. No details yet as to the conversion process and whether or not they will be traded on the floor. "Details on the conversation process will be provided at a later date. "

I will speak with LukeConnell Vanderverre, CEO of Hope Capital Ltd, at the earliest possible time for further comment. So far, there looks to be a light at the end of the tunnel for shareholders left out in the cold.

More later,
Logansan Oh
- CEO, Chairman

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