I advise caution...Avance Gas is supposedly being wound up and dissolved.
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@RP73 That's a rumor!
@VfB Excerpt from the meeting on 12.02.2025:
Sometime in late April, maybe early May, we will present a final report for the first quarter where we will make the final capital distribution to shareholders.
And then we will initiate some sort of liquidation process by appointing a liquidator in
Bermuda, and that will be the end of the Avance Gas story, about 11 years after we took this company public in Oslo. So it's been a good run, especially the last couple of years here with a lot of dividends, which I'll talk about on the last page.
What does this mean now
@financial_wizard_1522 The decisive date was February 12. The number of Avance shares you had there was divided by 4. A few days later, BW shares were automatically added to your account. It's best to hold Avance until they are canceled, you will still receive dividends for them until the end of the year... at least that's the plan.
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I have held a small number of shares since February 14. This was before the ex-dividend day. What can I expect here now
@RP73 Nothing has been added to my account
I haven't received any dividentes in February yet either
@Petomba Did you have shares in avance before February 12?
@RP73 yes I have held the shares since the beginning of December
About trade republic
@Petomba Oh, you'll have to ask TR. obi is with scalable and I was automatically credited 15 BW for my 60 avance shares. I haven't received the dividend yet either, but I think I will next week.