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clock Created with Sketch. 24/09/20
09:02
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Originally posted by MrFantastic:
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There’s only a few days left to convert and someone is dragging their feet a little. I converted last Wednesday (and my final lot yesterday) and still nothing! I’ve written to both Automic and IHL to see why it’s taking so long, and still waiting for a reply. Anyone else in the same boat? Not a complaint, just wondering why the inconsistency! I know it cost IHL money to convert them and that’s why they do them in a lump sum each week. (Totally understand saving money) My thoughts are that some people may miss out on converting as they are relying on their tails to be converted to heads so they can resell and convert again. I feel this has been happening a lot hence the SP always being sold down. TBH, I’d rather the SP gets sold down for a few more days as long as all the options are converted. Because shares not converted is money lost for the company. Again, not a complaint, just an observation.
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Shares used to arrive in account on Monday, last week they arrived on Monday and on Friday. Looks like this week will be Friday too (going by Automic transaction history)
