Here's a good conversion table for this roundup conversion
Before R/S...Cost of 101 shares...Price after R/S...100 shares after .15.................@.15......$15.15....$30.00..............$3000 .10.................@.10......$10.10....$20.00..............$2000 .09.................@.09......$9.09......$18.00..............$1800 .08.................@.08......$8.08......$16.00..............$1600 .07.................@.07......$7.07......$14.00..............$1400 .06.................@.06......$6.06......$12.00..............$1200
Roundup, no one ends up with less than 100 shares...with stockholders who would receive a fractional share to receive such additional fractional share as will result in the holder having a whole number of round lot 100 shares.
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