No, you get the right to buy 1 share at discounted price for every 4 shares you owned. In your case 600/4 = 150 shares to buy at around $11.75. You can also sell your right using the symbol BCS.RT actual quote $5.66. So if you sell your rights you get 150 x 5.66 = $849
Etrade is not showing my BCSRT. Waiting for it I can loose serious money if BCS goes down. Am I the only one waiting with etrade or other brokers?
does that mean if I owned 400 shares at the c;lose yesterday, I should get the right to buy 100 shares at a discounted price?
Yesterday I bought BCS at $19.50, today BCS price has been adjusted to below $17.90 without any warning or dividend to compensate for the gap, Can you help me to explain this move, I lost $10K on this scam,.