I'm new to online trading and decided to buy a few shares in Aveng NPL, it was really cheap and i thought it would be a good and inexpensive way for me to learn how share trading works. A few days back I've received an Election NIL notice detailing shares for Take up value of 10c. Currently the share price is only 6c .
I've tried old faithful (Google) however i could not get an explaination showing me an example of what this means.
What does his mean?
Hoping someone would be so kind to help this newbie out?