so say I bought CECBF at .12 and the spinoff is worth .10. In theory on the ex date which was yesterday I would of received my .10 spinoff and the stock would of adjusted to .02 or so. often they retain a higher%.
So all info was to that effect until company for some reason decides to issue that NR after close on the 2nd confusing the shit out of everything.
The company has to work with their Transfer agent and the market authorities all behind the scenes to get it right and sometime companies just do not know how it is done.
SO for CECBF if you owned at the close on the 2nd you will get the divvy spin off
and yes it was correct to halt as some folks would be buying yesterday thinking they could still get the divvy.
see CBGI and read forward from there on how I nailed a 3 bagger on screw up dates ( and then another 20 bags when the scam did a pot stick NR during the 2014 first run) or find 2008 GLKCE when TA did not split correctly
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=96174295
Investing is for those who don't know how to trade
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