FAQ: What happened to my GE shares?
If you do not have 8 shares to form 1 share in the $GE.US$ 8-to-1 reverse split exercise after July 30, you will receive cash in lieu of the fractional shares. Check your statement (Trade > Brokerage Account > Statement) on 11 Aug (based on the latest update).
For those still holding unused GE stock cards:
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If you enjoy reading this, read my opinion about how to invest during earnings season and like and/or comment. Thanks!
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CannablissSmoke : I was wondering what the hell happened.
Joellygood : Thanks for clearing up! Now I'm assured
Pua4444 : Thankyou
Ray_T : Thanks for the useful info..
BTankk : How about those shares in the process of redemption, meaning stock card was used but yet to be credited?
headingtothemoon : Can I check how to earn stock card?
Dadacai OP headingtothemoon : Didn’t you get the Treasure Box when you signed up?
headingtothemoon Dadacai OP : Yes. Got the GE and BB stock cards. Then no more. Normal daily task can earn stock cards?
headingtothemoon Dadacai OP : Coz they stated general stock card need to go with a stock card to redeem. I already redeem my BB card. I don’t have anymore stock card to redeem if the GE card turn into general one.
Dadacai OP headingtothemoon : Wait for other promotions. For now, you can try to be in the top 100 in the paper trading competition.
headingtothemoon Dadacai OP : Noted. Thanks
headingtothemoon Dadacai OP : Thanks
headingtothemoon : Done. Thanks again
KB Chong :
seeonn : thanks for the clarification!
102708512 : Has anybody receive your cash in lieu of fractional share for the GE share?
PoorOnion 102708512 : not yet. still waiting
Stonksboy : Did anyone received the cash yet?
Coupons also not changed yet
Dadacai OP 102708512 : The updated date is 11 Aug.
Dadacai OP BTankk : I understand from others that they were paid cash.
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