What did other folks do? Sell up or take the Anglogold deal?
I ended up selling Centamin when the price went above £1.63 as I didn’t really want the new mining stock. I’d always used Centamin as a successful swing trade stock and I’ll miss it.
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I sold just over half before the swap but kept a bag. My question now is what happens to the ‘fractional’ shares?
If you held 100 Centamin shares then you should receive 6.983 AngloGold shares + $12.50 cash next week (12.5c/share). But you will have actually received 6 - will you just get additional cash when the 12.5c comes? Or have free trade pulled the same rounding down trick they do with Dividends?
My Centamin disappeared but no Anglo added yet??