Post by
FatherJack on Oct 05, 2024 5:17pm
Due Bills
Sounds just like when BEP.un spun out BEPC and there was period of time when the stock traded as a due bill between the date of record and the date of the spin out. The magic date is the date of record and it's buyer beware in between the date of record and the date of the spin out.
Comment by
TeamCommonSense on Oct 05, 2024 5:20pm
TRP sold before market close 01 Oct .... carried the right to spinoff shares to buyer. TRP after market open 02 Oct ... sold at lower price cuz no longer carried right to spinoo shares