Shares & Derivatives
ARA rights are out
By Bully The Bear  •  December 18, 2015
ARA right shares results are out. It might not be out officially, but I saw the amount of refund from my bank account and deduced the amount of rights shares that I got it. To double confirm, I will have to check my CDP account to see that the shares are physically transferred into the account. Either way, I'll receive a snail mail from them to inform me of the rights results. ARA had been pretty good to me but I cashed out and subsequently left with 550 shares before the rights exercise. Many transactions in and out resulted in me having a very odd average share price of $1.39217 for my 550 shares. Don't ask, it's complicated, lol Here's the details: Shares before rights: 550 @ $1.39217 Entitled rights: 99 Excess rights applied: 901 Success rights acquired: 650 shares @ $1.00 per right shares Total number ......
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By Bully The Bear
La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :)
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