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Corporation inquiry

Topics: General: Corporation inquiry

davidclonan9

Friday, May 7, 2021 - 09:46 am Click here to edit this post
please I want to know.. What happens when a corporation closes down maybe due to lack of workers or depletion of Natural mineral in the case of a natural Corp. Does the market Value of the corp gets transferred to the Country or Enterprise?

johnV

Friday, May 7, 2021 - 10:21 am Click here to edit this post
I believe the assets are divided up to the owners and the market cap is a loss.

davidclonan9

Friday, May 7, 2021 - 10:33 am Click here to edit this post
Alright thank you Sir, ohh! So the best option is to IPO or sell off shares of the corp when you notice it's about to shut down that's if it's a mining corp..

E O

Friday, May 7, 2021 - 07:17 pm Click here to edit this post

Quote:

So the best option is to IPO or sell off shares of the corp when you notice it's about to shut down that's if it's a mining corp..




Yes, that's what I do with them as they start to run low. Good thinking, David.

davidclonan9

Friday, May 7, 2021 - 08:10 pm Click here to edit this post
Alright I'll work with that thank you @Sir EO


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