ManMayMay

u/ManMayMay



r/Superstonk•

As Computershare did it's split via dividend it gave ~228m shares (minus what was taken to pay Computershare holders at the time) to the DTCC for purposes of paying the dividend to holders. Meanwhile the DTCC filed it as a regular split "legally" creating ~228m shares on paper out of thin air on top of receiving the ~228m shares from Computershare leaving them with nearly double the float of "legal shares" on paper

Does the ledger work like voting (tabulated by Computershare) when there is an overvote? Do they take the largest holders votes and knock out the smaller votes? Reason for record holders allegedly dropping?

I feel like this opened a can of worms because I've never heard of the

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