OTCPK:STRXF - Post by User
Comment by
Hammerdown2097on Jul 23, 2020 9:21pm
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Post# 31311727
RE:RE:RE:Re:Merger
RE:RE:RE:Re:MergerI talked to someone at RBC direct investing today, I explained to him the situation and here's what I was told: first off as long the company is not simply offering a cash payout, which is doesn't appear to be, shares will be converted to ASX and sitting in my RBC DI account, however they become the middle man when you want to offload your shares. We used an easy number of 1mil shares, their commission would be around $400. This is why I was asking if anyone has received any correspondence yet from strata-x. I felt much more confident about my shares after this talk. I will continue to investigate. Don't panic sell, as you can see management is gobbling up your SXE shares for real cheap, which remain in the pool of 112mil SXA shares, which will be converted to Pure Energy shares. This merger is great news, we just need to iron out the details. Please share if you have had a different experience with your broker since the news came out.