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Re: zoobadooba post# 1859

Friday, 10/01/2010 10:45:47 AM

Friday, October 01, 2010 10:45:47 AM

Post# of 11809
No. I confirmed this morning... If your conversion gives you 83.3 shares, you should see 83 shares in your account.

Not fair, I know mine end up with whatever .6

I am not sure what happen with the . something ... in your case .3

I think that your brokerage house would have to pay you the value of the closing trade of the day of the conversion.

In our case, it is $12.00 that it closed at.

So you should be getting a cash value of .3 X $12.00 as cash in your account ... that translate into = $3.60 Dollards

Hope this helps !!!

GLTA