Jump to content
  • 0

AINV Reverse Stock Split - Fractional Shares

Guest LLD



AINV executed a 1 for 3 reverse stock split. My position did not split evenly by 3 and I cannot see how this fractional share has been treated, so I am not seeing any difference between the new holding for a person who held 800 shares versus a person who held 798, they both now hold 266 shares. 

If anybody is in the same position or has had this before with IG I would be interested to hear your understanding of the treatment. AINV itself is paying cash for fractional shares and cancelling them, I believe.


Link to comment

1 answer to this question

Recommended Posts

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 30/11/23 08:49
  • Posts

    • Hi @phillo   Thanks for sharing and tracking the US Dollar basket. Do you think the dollar will start to strengthen?     Cheers - MongiIG
    • Meta Platforms Inc., Elliott Wave Technical Analysis Meta Platforms Inc., (META:NASDAQ): 4h Chart 30 November 23 META Stock Market Analysis: We are looking for continuation higher on Meta as we are forecasting a potential wave 4. There is an alternate count with a more bullish scenario which will be discussed on the 1h chart. This count is forecasting a Minor wave 4 near completion to then resume higher.   META Elliott Wave Count: Wave {c} of 4.   META Technical Indicators: Below 20EMA. META Trading Strategy: Looking for longs into wave 5 on 330$ tested support. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here!         Meta Platforms Inc., META: 1-hour Chart 30 November 23 Meta Platforms Inc., Elliott Wave Technical Analysis META Stock Market Analysis: Looking for minute wave {iv} instead of Minor wave 4 to be in the making. Looking for equality of (c) vs. (a) to then look for additional upside.   META Elliott Wave count:  Wave (c) of {iv}. META Technical Indicators: Between averages.   META Trading Strategy: Looking for longs into wave {v} on 330$ tested support.    
  • Create New...