Convert RECAF to RECO??? So I bought RECAF on US OTC few months ago but now I would rather hold RECO on the TSX Venture directly.
Is there any mechanism to convert the shares or do I have to sell RECAF, suck it up and realize the tax gain and then re-purchase RECO? (Could have worse problems than the tax hit :) )
I think I read somewhere that shares cross-listed on major exchanges can be journaled between exchanges but not finding much info on US OTC listed I guess if it possible, then I need to find a brokerage that will do it. Hopefully Questrade can do it for a Canadian based account and Interactive Brokers can do it for a US based account.