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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper
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To: Cug who wrote (1753)5/31/1998 10:37:00 AM
From: Ga Bard  Read Replies (2) of 4142
 
No and that is a good question... Ok whatever you physically hold in your account as of the close of the business Friday (as per the release) you get the extra 1 for every two in your account. If you sold before the close Friday you do not get the extra shares. if you buy Monday morning you do not get the shares.

Now if you sell Monday morning you are not be selling the extras you will be getting from the split. just the one share of MIDLP.

The Ex-date was Friday which was when NASDAQ was notified and the DTC will be notified this weekend so everything come Monday morning should be straightened out.

hope that answers your question

GB
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