Wondering if anyone can help with this.....
Pre consolidation, I bought 22,500 shares on 1/11/21, i then bought another 10,000 shares on 4/11/2021- For a total of 32,500 shares.
From my understanding the consolidation ratio was 0.9382 (ie for every 10,000 shares owned, you get 9382 back) plus a 17 cent capital return per share payable on 12/10/2021. Hence i was expecting my share holding to be approximately 30,941 post consolidation. For whatever reason, i now have only 29,250 shares showing in my Nabtrade account.
I have rang rang link market Services and apart from confirming the 32500 shares held prior to consolidation they were limited in what they could assist with.
What am i missing here? Can someone please help?
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- Ann: Notice of Meeting - Consolidation of Stapled Securities
Ann: Notice of Meeting - Consolidation of Stapled Securities, page-8
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