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Forum General Corporation inquiry

Corporation inquiry

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davidclonan9
07 May 2021 09:46 Link
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?
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johnV
07 May 2021 10:21 Link
I believe the assets are divided up to the owners and the market cap is a loss.
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davidclonan9
07 May 2021 10:33 Link
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..
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E O
07 May 2021 19:17 Link
<!-Quote-!>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..<!-/Quote-!>



Yes, that's what I do with them as they start to run low. Good thinking, David.
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davidclonan9
07 May 2021 20:10 Link
Alright I'll work with that thank you @Sir EO