Am I missing something here?
My TDAmeritrade account shows a partial sale of my AUQ shares, as expected.
BUT it shows that it happened at $5.765/share. Has the transaction not been completed?
This is my first "Dutch Auction", and it was supposed to happen at $8.30/share, right? What am I missing here?
I tendered shares of AUQ through accounts at TDA as well, and the same $5.765/share sales price has been recorded in my accounts. The sales price of $5.765/share is incorrect. Aurico Gold issued a PR two days ago stating that the purchase price was $8.30/share, which was the lowest price that Aurico would pay for shares, according to the terms of the tender offer. Everyone whose accounts were credited with incorrect sales price and proceeds should contact their broker and alert them to this error ASAP. csagerquist, I have already contacted TDA but did so too late today for them to research the issue and get back to me. I advise you to contact TDA tomorrow and alert them to the problem with this transaction as it appears in your account as well.
lildud20001, I did exactly that, after 2:00pm Eastern time, so I gotta wait until tomorrow too. If its not corrected, this is lawsuit material. I WILL PROFIT if sold at 8:30 or higher, and more so if I buy more at 7.05. I suspect there will be a fix, and I'll get what was promised. But it sure brings the blood pressure up, doesn't it?