RE:RE:For New Investors (consider holding for 48 hours)Nuongalex wrote: @Quinlash..
Thia conversion has me a little confused.
So for example in my case:
I have 139000 shares of Zenabis
At today's closing HEXO is $8.65 CDN
So in my case what would calculation be?
You would end up with 139,000 Zenabis Shares x .01772 Conversion Ratio to give you 2,463 HEXO shares, each worth $8.65
If we wanted to calculate your new average you would take your current Zenabis average and divide that by .01772 (let's use .13 as an example) that would translate over to .13 / .01772 = $7.33 HEXO average.
If your account does not show those numbers (again, calculate your own current avg) then your account has not fully updated. This isn't unusal, it just takes more than one trading day for some brokers to update all of the accounts.