RE:RE:SOBO Shares are Showing in RBC Accounts this MorningAmin - that is how I understand it isto work, but honestly, even after reading all the releases and everything else I can find, still clear as mud. Long and short however, I am betting TRP intentionally undervalued the SOBO assets, and issued less shares total as a result, so that the shares would have a good upside from the get go, and the dividend is pretty juicy too. It is why I held through the split. So far, looks like the market is agreeing as the combined value is up from the TRP, pre-split close value on Oct 1.
Aminvestor1234 wrote: If I understood the transaction correctly, the SOBO shares received by the TRP shareholders are considered dividend-in-kind. So it probably won't affect the ACB of the TRP shares. Correctly me if I am wrong.