Hey Daz, I made a similar mistake yesterday with my calcs. Easy to do when you recently purchased for 70 cents. If you do it that way, you are not taking into account the 1:1.4 ratio. Overall, quite disappointed with limp run-up to the ex-distribution deadline. Feels like the market downturn recently, followed by the GS selloff, really took the wind out of FFXs sails. Then again, we're all still going to own shares in one of the most undervalued lithium stocks and a very solid gold producer.