Yes the deal closed. Funds are in the process of being distributed from the Depository Trust Company (DTC). The mark is simply incorrect, but not in a consequential way. Thin markets often have wonky bid/ask spread. The company has been bought. The consideration has been paid. It will hit your account in due course.
Has FLGF closed? It still shows up as active position in my account and no funds have hit.
Also curious as to why the price is 16.25 (last traded value?) when the cash consideration is 15.25.
Funds should have hit by today.
Yes the deal closed. Funds are in the process of being distributed from the Depository Trust Company (DTC). The mark is simply incorrect, but not in a consequential way. Thin markets often have wonky bid/ask spread. The company has been bought. The consideration has been paid. It will hit your account in due course.
Thanks. May be I will roll this into PPHI to continue the pattern.