query
$Genius Group(GNS.US$ I own 5k shares since a week ago. I bought 4k today n sold 4k today. For meet spin off requirement, will I get 5k share or due to fifo, im entitle to just 1k bcos of today trade. ty
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Golden_Spoon : I think it goes off how many you own on 8/31.
102317139OP : ty. i meant to keep 5k but criteria states to hold at least 2 days prior to 31st aug. So shares buy today is not entitle. if it goes FIFO, my entitlement becomes 1k?
NickSaSa : who cares how much u owe previously, they only wan how much shares u have on hand 2 days before 31th aug
102317139OP : got it, ty!!
Calderonwi : You will have credit for however many you have at the end of the closing today just hold
102317139OP : Thank you for the clear details. much appreciated! I misunderstood it was end of closing yesterday initially.
102415025 : But the shares given to us also no use how to trade MERJ stocks
73761471 Golden_Spoon: It would be nice if it made the expected profit; it wouldn't increase or fluctuate too much