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2Yr
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@trader_6666?? The thing falls to zero. Shorties have made the cash of their lives ...
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Deleted User
2Yr
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Deleted User
2Yr
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@trader_6666 None of these apply. In this case, it was via StaRug and small shareholders are not compensated.
The shares are worthless, as Varta no longer has any capital as of today.
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@trader_6666 um, exactly what ixh wrote is in your report.

"Then the share capital of Varta AG is to be reduced to zero euros. The effect: the current shareholders will leave and the Group will lose its stock market listing."

And here is the statement from Ostermann.

"We have tried everything to get the small shareholders on board - but that is not legally possible in this situation," the Reuters agency quotes Varta CEO Michael Ostermann as saying. Due to the lack of audited annual financial statements, Varta could not issue a prospectus, which would be necessary for a broad capital increase.
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@trader_6666 This shows that you can't believe everything the AI chews up.
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@trader_6666 ChatGPT is probably not yet familiar with the StaRUG.
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