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Bullboard - Stock Discussion Forum Sprott Inc SII


Primary Symbol: T.SII

Sprott Inc. is a Canada-based company, which is engaged in precious metal and energy transition investments. The Company’s investment strategies include exchange-listed products, managed equities and private strategies. The Company operates through four segments: Exchange listed products, Managed equities, Private strategies and Corporate. Exchange listed products segment provides management... see more

TSX:SII - Post Discussion

Sprott Inc > How come my brokerage account shows a drop in value...
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Post by Ronbromleygross on Jun 02, 2020 10:36am

How come my brokerage account shows a drop in value...

Why is my brokerage account showing a drop in value on my Sprott holdings when we had a fabulous day of 20 percent increase in the share price even with the 10 for 1 reverse split?

I was expecting a $33k increase in the value of my holdings based on my 38k shares I hold.  Instead I see a drop in value?

What am I missing here?

Comments??

Ron
Comment by Ronbromleygross on Jun 02, 2020 12:11pm
Called my brokerage account Looks like they are currently going through the 10:1 share conversion.  Once done then the correct values (shares and dollars) will he reflected in my account.  Looks like things are frozen for the time being. Takes about 1 week then said from the March 28 conversion  All is good Rin
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