Liquidator sells only a handful of bourse shares held by failed brokerages
Photo courtesy Budapest Stock Exchange
Shares in the Budapest Stock Exchange held by failed brokerage Buda-Cash have been successfully sold while other sales were less successful, according to liquidator PSFN, Hungarian news agency MTI reported today.
Sales of shares held by Quaestor and Hungária ÉrtĂ©kpapĂr, the other two independent brokerages that went bust last year, were unsuccessful, PSFN said.
The 4,842 shares held by Buda-Cash were sold at “the highest possible” price, the liquidator said. New offers for the 65,124 shares held by Quaestor and the 32,878 shares held by Hungária ÉrtĂ©kpapĂr will be called, it added.
The combined stake of the three brokerages in the bourse account for about 1.9% of its share capital.
The initial offer for the stakes was called by PSFN in January.
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