Post by
ElderBrownBear on May 28, 2020 4:47pm
Agra Shares
Please excuse my ignorance as I am still wrapping my head around this.
Let's say you have 100,000 shares of SOW, How many agra shares does that entile you to receive.
Thanks in advance
Comment by
curious14 on May 28, 2020 10:12pm
CORRECTION After consolidation you you should get aproximatly 5 shares for 1 SOW share not 1 share. Makes me 5 times happier. c14
Comment by
ElderBrownBear on May 29, 2020 5:30am
Me too curious 14. Just so I understand 100, 000 shares of SOW and they are consolidating1 for 7 would give 14, 285 SOW shares then times that by 5 shares of AGRA would give 71, 428. Is this correct. Thanks very much for walking me through this process. Best Little Brown Bear
Comment by
curious14 on May 29, 2020 10:41am
That’s what it looks like. On June 12, 2020 (the "Distribution Date") an aggregate of 282,072,834 common shares will be distributed to the shareholders of the Company as of the Record Date As a result, the outstanding shares of the company will be reduced to approximately 56,481,746 common shares. 282,072,834 : 56,481,746 = 4.99 c14
Comment by
ElderBrownBear on May 29, 2020 11:20am
I aooreciate the input. Little Brown Bear
Comment by
DanielDarden123 on May 28, 2020 6:00pm
If you have 100,000 (old) SOW pre-consolidation shares they will amount to 14,285 (new) SOW post consolidation shares. Each new SOW share will receive ~5 AGRA shares for a total of 71,428 AGRA shares if you live in Canada. If you live in the U.S., you will receive 75% with the other 25% going to the gov’t directly.
Comment by
Cgbuddy on May 28, 2020 6:39pm
your calcul is bad because we are at 312 million for the distribution of agra. the new purchase of the company will not get the distribution that make non sense. the post consolidationdivise by 7 give 44 million , 56 million is with benju
Comment by
Cgbuddy on May 28, 2020 5:30pm
282 millions agra for 312 million sow share = 0.90 in resume 10 sow share = 9 agra share