Hey ASF'ers,
I bought ROC Oil a while back when it was below 30c. I've been on holidays overseas for over 3 months and returned to find it's been acquired by Fosun International. The stock has apparently been removed from the ASX and I'm just wondering WTF has happened to my stocks that I own. I've spent over an hour on the phone with IB and the woman wasn't able to help much at all. She's going to get back to me on what's going on.
In my portfolio, it shows ROC.AUD which is odd, none of the other stocks I own have that suffix. I've tried closing the whole position but keep getting a "No trading permissions" error. I of course have trade permissions for Aussie stocks.
Does anyone know what's going on? What happens to my position? I thought I'd either be paid out or given stocks in the acquiring company. There's nothing in my Corporate Actions list either, which I assume I missed because I was away. Any insight would be much appreciated.
Cheers
I bought ROC Oil a while back when it was below 30c. I've been on holidays overseas for over 3 months and returned to find it's been acquired by Fosun International. The stock has apparently been removed from the ASX and I'm just wondering WTF has happened to my stocks that I own. I've spent over an hour on the phone with IB and the woman wasn't able to help much at all. She's going to get back to me on what's going on.
In my portfolio, it shows ROC.AUD which is odd, none of the other stocks I own have that suffix. I've tried closing the whole position but keep getting a "No trading permissions" error. I of course have trade permissions for Aussie stocks.
Does anyone know what's going on? What happens to my position? I thought I'd either be paid out or given stocks in the acquiring company. There's nothing in my Corporate Actions list either, which I assume I missed because I was away. Any insight would be much appreciated.
Cheers
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