RE:RE:RE:RE:Deal Price Only once you sell the shares to $$ (in a non-TFSA account).
fishcarrier wrote: Good work, BigJake,
I did a calculation too. I think we were told we would get 0.1076 shares of Paladin. I took their share price from Palaf (USA) price, converted that to CND dollars and got a price of Paladin shares being worth $8.74. By my calculations our FCU shares should convert at a share price of 94 cents. I hasten to add that the PALAF shares don't seem to trade that much on the US exchange, and their share price jumped around a bit. So, it seems to me it should be close to 94 cents more or less.
I have another question: Will this conversion generate a capital gains tax? GLTA