Post by
westcoastxpress on Jun 21, 2016 3:59pm
Question from an inexperienced investor
I'll surely be ridiculed and run out of town for this question, but what actually happens with my shares after the delisting? Will they effectively be purchased and the money put into my trading account? Or will I be the proud owner of a bunch of shares of a privately held company?
Comment by
jostro on Jun 21, 2016 4:13pm
If the deal goes through, the stock gets delisted and the money goes directly into your account. As if it was sold.
Comment by
braincloud on Jun 21, 2016 5:20pm
True, but if you voted no then you get $1.20. That's just the way it is! Sorry LOL