My fractional loss or gainI have PIPE in 3 accounts. Total fractional shares is approx 1.18. I have not been rounded up on any but was supposed to be on 2 of them.
1.18 converts to 17.36 PIPE shares x $2 = $34.72. Thats my approximate loss if they dont fix the round up issue. My gain if they do fix it is $24.
On my 37 share example, the gain would be $14 on a $74 investment! This is because you're supposed to receive 2.51 shares of Strathcona but with their formula, you would receive 3.