RE:RE:RE:QuestionThat's the norm but they did say they weren't going to round up or give you cash for partial so everyone had ample heads up to get to a number that minimized the amount of rounding loss. I think I got mine to be 0.09. I think if they didn't announce it I would understand but they did tell you ahead of time this would happen.
westcoast2019 wrote: chuck8 wrote: I was willing to readily accept some rounding loss in shares but one of my accounts had 2770 KL which converted to AEM @0.7935 = 2197.995....quess how many rounded shares they gave me. Yup, 2197. So they kept that 0.995 of 1 share. If this was a credit card rounding or just about anything else they would've made it rounded up to 2198. Pathetic IMO. My other accounts were less of a hit, but 0.995 of a share rounded down to zero. No cash in exchange. I wonder how much they skimmed in total with this across all KL to AEM shares.
I had similar experience. I held KL shares in 3 accounts figure I got shafted for about a value of $75.50 CAD
. I think this isn't always standard procedure if I remember correctly from a past merger I was paid a few dollars cash in lieu of partial shares.