Have stocks listed as Value, can I sell them at market?

[ekwipt]

I have some stocks that are listed as value, i didn't know what this meant so looked it up and it seems that the company was taken over.

Can i close the trade and sell it at market value?

 

[pixel]

I have some stocks that are listed as value, i didn't know what this meant so looked it up and it seems that the company was taken over.

Can i close the trade and sell it at market value?

Can you be more specific? What are the codes? Who has them listed as value?
If a company has been taken over, its shares can no longer be traded. You'll either receive a cheque for the "value" or a holding certificate for the shares in the taker-overer, if it was a scrip t/o.

 

[ekwipt]

Can you be more specific? What are the codes? Who has them listed as value?
If a company has been taken over, its shares can no longer be traded. You'll either receive a cheque for the "value" or a holding certificate for the shares in the taker-overer, if it was a scrip t/o.

thanks for the help

Stock was PIR

 

[skyQuake]

thanks for the help

Stock was PIR

You are the proud owner of some B2Gold (Canada/US) at 0.661 BTO CN per PIR AU

You can either sell them in Canada, or if you are lazy, BTO has announced they will list in AU sometime in the near future.

 

[ekwipt]

You are the proud owner of some B2Gold (Canada/US) at 0.661 BTO CN per PIR AU

You can either sell them in Canada, or if you are lazy, BTO has announced they will list in AU sometime in the near future.

So will they not show up in my Interactive Brokers GUI, how do i access these? i've had no correspondence from anyone?

 

[skyQuake]

So will they not show up in my Interactive Brokers GUI, how do i access these? i've had no correspondence from anyone?

I think they should. It might be under account management -> check new messages -> corporate events.

If not ask IB customer service. Should be pretty routine

 

[ekwipt]

OK thanks for all of your help, appreciate it