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"c" shares
Bazn
Posts: 183 Forumite
i have noticed that many investment trusts issue "C" shares.... and that they specify the date when they merge with "ordinary" shares.
however what i dont really understand is what happens to the share price after the merge, because there is usually a discrepancy between the price of the two share classes. Do the "c" shares get revalued to the ordinary price? or is a weighted average taken?
thanks for any help
however what i dont really understand is what happens to the share price after the merge, because there is usually a discrepancy between the price of the two share classes. Do the "c" shares get revalued to the ordinary price? or is a weighted average taken?
thanks for any help
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also, are "convertible" shares the same as c shares?0
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