OTCPK:GBGPF - Post by User
Comment by
MartialArtson Feb 28, 2018 11:56am
54 Views
Post# 27636691
RE:RE:RE:RE:RE:Clarification from RBC, if you don't tender "Option 7"
RE:RE:RE:RE:RE:Clarification from RBC, if you don't tender "Option 7"
Pro, please be nice to people here. The CMED bullboard is very civilized and we want to keep the discussions good, open and without attacks. Please? I like when you fight back the "clowns" as you call them but here, there's only good people with good discussion. The last clown hasn't posted for some time and appears to have moved on to other stocks.
I understand your aggressive nature on bullboards "out of control" but the civility here is "nice".
Back to the subject:
Say you tender your shares for the cash option (2) but with the cap of $140, they can only give you half of that, the rest of the shares are given in shares at $12.86 implied value. I'll dig up my spreadsheet and will repost it. In the meantime if the other guys that worked on this has their numbers, please post.
If you are doing the trading in a TFSA or RRSP "registered" account, you don't need to worry about tax implications. If you did it in a regular unregistered account, beware when selecting the cash option since unlike the all-share option, it will trigger a tax reporting event. Check with your broker and accountant.