InvestorsHub Logo
Followers 1
Posts 199
Boards Moderated 0
Alias Born 12/13/2010

Re: Tom Joad post# 6222

Tuesday, 10/31/2017 4:15:47 PM

Tuesday, October 31, 2017 4:15:47 PM

Post# of 6624
As I read the info at this point, it seems unlikely that any US broker can do the redemption of rights into shares. Perhaps some full service broker might act as a QIB on your behalf, but who has one of those any more.

Selling the rights is a question of whether they have a global desk set up to buy and sell shares on the Swedish exchange. If they have one, all you have to do is pay for it. If they don't have one, they have no way of doing it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.