GREY:CECBF - Post by User
Comment by
robert1229on Nov 02, 2018 6:25am
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RE:RE:respectful question for reeJoey
RE:RE:respectful question for reeJoeyThank you to Mr reeJoey for the news.
I am inferring that you are either in the U.S. or that you have friends in the U.S. who invested in CUBE alongside you.
Just to add my two cents' worth, I would make the further point that, even if the U.S. listing were to be delayed for a bit, the new-company (spin-off) shares would be likely to be distributed into the brokerage accounts of all CUBE holders at approximately the same time. If there is a delay in the assigning of a U.S. trading symbol for the new shares, the security code (an "ISIN" code or something like that) would allow the brokerage to trade the shares. So the only inconvenience that I would foresee is that an electronically-placed order (whether to buy additional shares of the new company or to sell shares in the new company) might be impossible until such time as an over-the-counter trading symbol is assigned. In such circumstance, a telephone order at a higher commission might be incurred.
GLTA.