What Happens? Tons of talk about when/how and other speculating about MRE's etc. But for a someone new at this like myself, in the event of a buyout what actually happens? Other than the basics of 'we get paid'. What's the process? Do shares get frozen? Is there a specific date shares must have been owned by? How long does it usually take to be credited from the buyout announcement to being credited? How do you get credited (I'm assuming the shares in your trading account turn into cash?).
Also, for those of us not on the TSX and trading LMEFF on OTC in America, will those shares be treated or paid out any differently than traditional LME shares?
Not new to trading, just new to this process as a whole that will hopefully happen and looking for the road map from OG's that have been through this before from start to finish. Thanks.