My English is Not the best, I'm sorry.
Amc mad a Stock Dividend, the Ticker is Ape.
Amc was at the time at 18$, After release at 12$ and Ape at 6$. If you Had 100 shares of Amc You would now have 100 shares of Ape and 100 of Amc.
Ape wil soon be converted to Amc shares, so there will be No more shares of Ape.
The question is by the time of conversion, will The final Ticker have the value of both together, so Ape+Amc, or will they near in Price Till they're the Same and then get's converted?
Leave a Reply