Bullboard - Stock Discussion Forum Brompton Oil Split Corp T.OSP

Brompton Oil Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund’s investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date; and to provide holders of class A shares with regular monthly cash distributions and the opportunity for capital... see more

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Brompton Oil Split Corp > Is this still trading?

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Post by flamingogold on Apr 20, 2020 9:36am

Is this still trading?

Oil uner $11/barrel, historic. Can they reverse split a split?

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Comment by raptorsfan on Apr 21, 2020 10:56am

i've been hanging on to some unadvised shares I bought years ago. Today I have 70% fewer than yesterday. Not sure why. some sort of retraction. I'd care more if they weren't all worthless to begin with. have you heard anything?

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Comment by navgod on Apr 21, 2020 12:20pm

you're kidding right? there was retraction at the end of March where 70% of the prefs were redeemed-- therefor 70% of the cap shares were forced redeemed at their NAV of ZERO.

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Comment by raptorsfan on Apr 21, 2020 1:30pm

ya i read that today. i said idk what happened because i stopped following the stock after it became clear it was worthless. i was expecting something like this eventually but i wasn't concerning myself with it.

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Comment by GG4Freedom on Apr 23, 2020 4:10am

I had a small position in OSP common and got caught off guard when the redemption took place. Lesson learned. Do you think Bromptons DGS common shares are at the same risk?

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Brompton Oil Split Corp