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1manband

07/06/18 2:00 PM

#2504 RE: Antwan Jackson #2503

I had 2000 old shared of SDRL. I just got the new SDRL shares a few hours ago. If 1 share of old SDRL is .003 of 1 new ASDRL how do I still have 1000 shares of NEW SDRL.



You don't. You are not reading your account statement correctly.

In this post you claimed to have "sold half of it", which based on your current post, would be 1000 NEW Seadrill:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141964537

But, you didn't own 1000 New Seadrill. You owned 2000 OLD Seadrill, which corresponds to just 7 shares of New Seadrill.

Your account screen isn't telling you that you have 1000 New Seadrill. It is telling you that you are SHORT 1000 New Seadrill!

sidedraft

07/06/18 2:04 PM

#2506 RE: Antwan Jackson #2503

Your proper share count, after the dust settles, assuming you did not sell or buy after 7/2/2018, would be:

.0037345 X your old share count.

e.g.
2000 old shares should be .0037345 X 2000 = 7.469 shares. Rounded up would be 8 shares.
Not rounded up = 7 shares.

P.S. what is ASDRL, a typo?

sidedraft

07/06/18 2:12 PM

#2507 RE: Antwan Jackson #2503

It would make your questions easier to understand if you would simply take a screenshot of what you see, and post it.