Post split practical question
posted on
Sep 10, 2023 09:31PM
So I had shares in Arena Minerals, when the stock stopped ttrading.ittook a good week for those shares to translate into LAC shares in my trading account. Question: I our case now where LAC shares will be converted into LAC (new co) and LAAC, would there be a delay between when we (presplit LAC holders) get shares in both companies to whe its publically trades on the market? I hope that's not the case, if itis, it puts current holders at a big disadvantage.
My guess/hope would be thats not the case, but I've never had stock in a company in this position before. Anyone have some insight on what we can expect? Crazy to think we are likely less than a month away now.