bullish
Trying to Make Sense of Lufax
SUMMARY
- Lot’s of confusion for me around Lufax (LU).
- I took my dividend in shares being under the impression the scrip price was $2.15 (1 ADR is 2 shares):“Option 2: Elect Stock - You may elect to receive the dividend paid in new ADRs of LUFAX HLDG LTD at rate USD 1.073647 per share held on record date.”
- But apparently it is actually $2.25? Did IBKR make a mistake, will I get my shares at $2.15 or did I misread the above?
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