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KR_uk

11/02/17 5:38 AM

#6241 RE: charlie T colton #6232

I'm not an expert in Swedish securities law and I suspect that to truly get a real idea if something objectionable has occurred I'd have to invest in paying a Swedish lawyer to help me understand my rights. I've been a US citizen who lives outside of the US long enough to know that most countries just shrug their shoulders and go "eh, you're American, dealing with the US regulations and laws is just too much of a hassle - take your business elsewhere".

I called Vanguard and name-dropped Fidelity and told them that they allowed holders to sell their rights and was told that "sorry, you can't even make the decision to sell your rights again because you're not a QIB". They said that at the end of the subscription rights trading period that I'd get some cash amount per right. The $2 price that was showing is just a placeholder but I had done a rough calculation a week ago and thought it would be in the $1.60-1.80 range.