Post by
Seedickcook on Mar 09, 2021 11:48am
Any insight ?
My LHS shares have now converted to AYR. - when the deal closed AYR was trading in the $38 dollar range I believe. RBC is showing my average share price in the $49 range. Does this make sense?
Comment by
thorgb1 on Mar 09, 2021 7:15pm
What was your original buy-in on LHS? Assuming you were underwater? It will convert on the dollar cost average of your original purchase using some conversion ratio.
Comment by
Derpster on Mar 09, 2021 8:02pm
When my shares converted they took my unrealized gains and added it to my book cost. I have more shares of AYR but at an inflated price. I'm assuming that's why this week there has been choppy waters on AYR, people reblancing their %'s and readjusting their risk
Comment by
Seedickcook on Mar 09, 2021 9:07pm
Ahh okay that makes sense. Yes I was under water - thanks Thorgb