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Tuesday, October 11, 2022 9:48:57 PM
https://www.iclub.com/faq/Home/Article?id=478&category=4&parent=0
Pretty interesting part about when they are most seen:
"On its own this sort of transaction can be useful; when that same company goes through splits, issues dividends, spins off other companies, or is acquired as part of a merger, there comes a time when the program must round a fractional share either up or down. In almost all cases, this is done very well. However, in the case of a full sale where very early entries are often counted, we do sometimes see some extra small fraction of a share left over."
Is it the spins off other companies or merger? Could be gdet or imtl related? Would be nice if investors were kept in the loop.
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