It seems canadian shareholders of the US listing could not sell their shares months. And this is the reason stock could reach this level with limited volume. I would call it adjusted because they either lost their shares or could not trade them and this had influence on the stock performance.
From another stock which paid a cash dividend i know the companies transfer agent sees only the shares registered by brokers in the same country. I believe canadian shareholders with canadian broker had a different effective date months ago.
I´m not talking about the canadian listing, this was suspended 2009 to my knowledge and doesn´t trade.
It was released per pr about the share consolidation that shareholders should contact transfer agent. It´s a shame that not more canadians posted here and made this clear:
"Letters of transmittal with respect to the Consolidation are being mailed to the Company's registered shareholders. All registered shareholders will be required to send their share certificates representing pre-Consolidation Common Shares, along with a properly executed letter of transmittal, to the Company's registrar and transfer agent, TSX Trust Company, in accordance with the instructions provided in the letter of transmittal. Shareholders who hold their Common Shares through a broker, investment dealer, bank or trust company should contact that nominee or intermediary for assistance in depositing their Common Shares in connection with the Consolidation. A copy of the letter of transmittal will be posted on the Company's issuer profile on SEDAR at www.sedar.com."
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