AMC Entertainment - AMC - Share Chat

Wonder what the average cost of the $APE shares will be when they are finally in our accounts. Space calls reckon they should be a couple of pence. Will be higher if you have been buying $APE so far though

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In IBKR, my average is listed as $0.0074 (which looks nice haha)

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If my shares of APE are not the current price at around 7 dollars then I hope someone can get the South American Cartel involved as I will be mightily miffed off (carefully chosen word) as we’ve been royally screwed with the sub 10 dollar AMC price from the 26 dollars only last week (at which I sold at my extra bought shares thinking this could be a fucking for us :metal::face_with_peeking_eye:) ( also carefully chosen sentence)

I thought amc hype ended when it maxed months ago but did everyone buy shares based on getting free ones which have just nose dived again

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Our shares will be the current price. We were talking about the purchase price (average price per share) it will show.

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Except nothing gets distributed anywhere. Shares don’t get ‘sent’ to brokers. Ever.

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AMC Entertainment 8K AMC Preferred Equity unit (“APE”) Dividend | AMC 18 Aug 22 | 99.1 (docoh.com)

AMC will be delivering the AMC Preferred Equity unit dividend via Computershare to the Depository Trust Company (“DTC”) who will then deliver them to your broker. How each individual broker then handles the dividends is determined by the broker and is governed by your brokerage agreement.

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Nothing gets delivered anywhere.

How are they ‘delivered’?

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I will be honest. I don’t know the technicalities. But in that 8K by Adam Aron thats what it states, so I don’t have any reason to believe that it’s inaccurate.

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Fair enough. But brokers don’t ‘hold’ your shares

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Interesting. Taken from Twitter (broker - hellostake.com)

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My shares of APE are now showing and are in my account

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Yep. Got mine too :slight_smile:

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So what happens now then ? I have the same amount of shares for AMC and APE now showing. Will the AMC be cancelled out shortly ?

I’ve got my APE in my GIA but not in my ISA. Any one got them in their ISA yet?

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No, you will keep both the AMC and APE shares that you currently have.

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Brilliant. Thanks for that mate. Much appreciated.

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Got mine in my gia and sipp today :relaxed:

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Hi, I have just logged in to my account, I did have 55 shares of AMC as well as other securities.

Now I have been issued 55 APE shares and all my other investments have been sold for cash as of the 23rd August. I have not been in this account to sell and I now no longer hold the 55 shares of AMC I have held for nearly 2 years.

What is going on? Very unhappy here.

My APE investment is listed as only + 0.00%, received it this morning, should it not be up considerably more?

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