Can I sell Anglo Shares in the USA?

[denby11]

Read on tribune y.day that anglo shares are still trading in the U.S.I have small holding on the iseq.Is it possible for me to sell them in the U.S?

 

[Lightning]

No.

You cannot sell a (un)listed irish equity via a US OTC.

How does this market cap make any sense?

 

[crocker1x]

But the Anglo shares are delisted since last year, are they not?

Is it possible these shares are being bought by short sellers who are obliged to return the shares after previously selling them? It might explain the small quantities being traded.

 

[Lightning]

Yes, the irish equity line is de-listed.

The US OTC line is still trading.

My guess would be that the trades of the US OTC line either are penny stock traders or have some unrealistic expectation that there will be a pay out to former holders of the equity line.