RE:Has Anyone Received Their Rights Yet?So after spending an hour on the phone with Customer Service and then a Trading Representative I'm not really any further ahead...
So on the Offering statement, they state that shareholders as of record of May 12th will receive rights. They also state that they commence trading on May 11th. Which they have and there was 500 in volume moved on May 11th.
Ive been told that shareholder of record as of May 12th will receive thier shares on May 14th. As a Scotiabank customer I should see them in my account as of May 17th.
So if the rights are not handed out by MKP for anouther 2 days officially, how are they being trading as of yesterday? As far as I know you have to possess the asset to trade it and no one possess them as of yet...
Also I've been told that with the exercise date of June 7th, as a Scotiabank customer I need to contact them a week in advance to exercise the rights, so I need to make my call by May 31st. This is just a note for others to check on the date they need to exercise their rights with their platform.
Hopefully this helps and confuses everyone else...