RE:RE:RE:RE:Clarification from RBC, if you don't tender "Option 7"How many times does this have to be explained? MA and someone else posted the scenario!!! Look back a week of so. Those guys were spoonfeeding everyone! LOL
If you have 100 shares today and if everyone took the cash option, you would get $5.70 plus 2.9493 ACB shares per CMED shares.
So you would get $570 cash which you have to declare for tax purposes on non-registered accounst and 293 shares of ACB.
You would wake up one day, 2 weeks after take-up with cash in your account and ACB shares and the CMED shares would be gone.
If you picked Option 1, you would get 340 ACB shares
If you did nothing like a dummy, you would hold CMED shares and Aurora would be holding you by the balls.... Suddenly, that doesn't feel so good! LOL If Princess CMED was holding me by the balls, that would be different, but ACB? EWWWWWWWWWWW!!!!!!!
Tri5cui7 wrote:
Thank you for this. Can someone explain to me how the proration would work? If you have 100 shares at todays price will they actually be converted into $43?