Reserve split 8:1
$GE Aerospace (GE.US)$
if today close price $13, next week its $104?
those less than 8 units before closing, will force sell and give you the cash back @ closing price.
now redeem the 2 x $10 coupon = 1 unit. buy up to 8 units to remain in GE share?
if today close price $13, next week its $104?
those less than 8 units before closing, will force sell and give you the cash back @ closing price.
now redeem the 2 x $10 coupon = 1 unit. buy up to 8 units to remain in GE share?
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102826725 : any tax?
veggie money OP 102826725 : Don’t think so. Didn’t factor tax when my Torchlight Units reverse split. They just sell it and give you back the $$ few days to a week later.
102826725 veggie money OP : got it! Thanks a lot!
StillnewBenice : Is it better to sell the share ourself or let futu force sell the share? TIA