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Spyglass Resources Corp SGLRF

Energy Oil & Gas E&P Energy
Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.


GREY:SGLRF - Post by User

Spyglass Resources Corp
Bullboard Posts
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(2)
•••
Comment by skygardenon Oct 25, 2013 3:10pm
253 Views
Post# 21850005

RE:RE:RE:RE:RE:RE:RE:Bill Bonner top pick

RE:RE:RE:RE:RE:RE:RE:Bill Bonner top pickYes, they do buy only whole shares (no fraction of shares), but if there is an amount left over they just deposit it to my cash balance.  For example, if the distribution was $100 and the DRIP price was $2.10 then I would receive 47 shares (for $98.70) and the balance left over ($1.30) would be deposited to my cash balance.

 I don't really understand the statement 'they keep everything after the decimal for themselves' --do some brokers really do that? 


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities