By Carl-Gustav · Posted
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Question
Guest Matt_Stocker
Hi,
I would like to know why my 12 Microfocus shares were sold, then 9 were purchased. The Proceeds from the automated sale have not appeared in my account, not withstanding it was not initiated by myself nor was I informed that this might happen.
I am seeing a discrepancy between what I expect to have lost and what I have lost. The share price has dipped 4.9% since I purchased the shares, I have however lost about 32%.
From an initial purchase totaling £232 at 1858.76 = 12, i now have 9 shares at 1770, the proceeds of the 3 shares at 1770 (£53 or thereabouts) depending on the 30th of April enforced sale price should be in my account should they not?
Can you let me know what has happened here? I know they performed a buy back or something like that, however my expectation here is not that I should lose around ~£70 or so of investment as a result of their activity.
Kind regards,
Matt
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