NUGX - only shows up in TD Ameritrade...my dividend shares from other brokerage companies do not show NUGX...not sure what will happen to the currently traded NUGX shares...in any case, I only bought a few NUGX shares to test.
Also, if they were really to restrict NGIO dividend shares for 6 months...that means we can sell those NGIO dividends sometime in November if NGIO shares do start trading end of April...November when Covid vaccine should be ready...so PPS should be high...since the $500 million valuation does not include Covid vaccine...with Covid vaccine, valuation should be way over $1 billion...so, PPS should be at least $10.
Hylander wrote -
I've never had any NUGX shares. I only received the last dividend, so I think that's why I have only the 037CN shares and no NUGX and I never bought any NUGX shares either.
I am thinking once NGIO list, everything turns over to NGIO on the name and we see the PPS set. While I understand a waiting period on selling, it kind of sucks, especially for those who are really long time shareholders as they have been waiting patiently for all of this to happen and if they have to wait another 180 days to be able to do anything with their shares, that isn't right when Generex can sell their shares when they feel like it.
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