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Bullboard - Stock Discussion Forum SPROTT RESOURCE HOLDINGS INC T.SRHI

"Sprott Resource Holdings Inc invests and operates, through its subsidiaries, in the natural resource sector. It has investments in oil and gas exploration, production and services, mining and agriculture."

TSX:SRHI - Post Discussion

SPROTT RESOURCE HOLDINGS INC > one disappointed investor
View:
Post by Gmoney99 on Feb 19, 2017 12:57pm

one disappointed investor

I bought 5k shares of ADI on Jan 16th... @ .20 cents when split....so my stocks were split 4/1 so now I have 1250 @ .07 cents..  so my thousand bucks is now 87.50....I guess as a jr. investor you win some then u ....... I am not a happy camper...oh well
Comment by quicksilver545 on Feb 19, 2017 5:05pm
Ummm.. you need to understand your investments a bit better... If you bought ADI prior to the merger, you received a 1:1 ratio of old ADI shares to new SRHI shares. In addition, ADI shareholders received a quarter warrant for every ADI share held. I am guessing that is what you are seeing when you quote 7 cents per share. The warrants have recently traded for as much.. SRHI last traded around 21 ...more  
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